But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsBusiness live – latest updatesThe UK government came in below its annual borrowing target by...
Read MoreOBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertaintyUnemployment in the UK is set to peak this year at a higher rate than previously estimated, with a...
Read MoreLargest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficitThe UK government has posted the biggest ever budget surplus, official figures show, after a large boost in...
Read MoreFigure is largest January total since records began and marks sharp reversal from December’s deficit of £11.6bnThe UK government enjoyed a record-breaking surplus in January, official figures show, due to a big boost...
Read MoreGDP in last three months of 2025 also hit by weak consumer spending, with little momentum going into this yearAnalysis: UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026The UK economy...
Read MoreONS reports GDP growth increased in final three months of 2025 after 0.1% growth in previous three monthsBusiness live – latest updatesThe UK economy expanded by 0.1% in the final three months of last year, according to...
Read MoreOfficial figures better than expected after stronger receipts than a year earlierBusiness live – latest updatesThe UK government borrowed less than expected in December, official figures show, after stronger receipts than...
Read MoreONS figures show public sector net borrowing was £11.7bn – £1.9bn less than in same month last yearThe UK government borrowed more than expected in November, official figures show, amid pressure on the economy...
Read MoreFigure of 204,000 in 12 months to June 2025 is lowest since 2021, statistics body saysUK politics live – latest updatesNet migration to the UK has fallen by more than two-thirds to 204,000 in a single year, the lowest...
Read MoreFigure of 204,000 in 12 months to June 2025 is lowest since 2021, statistics body saysUK politics live – latest updatesNet migration to the UK was an estimated 204,000 in the 12 months to June 2025, down 69% year on year...
Read MoreOctober figures represent final snapshot of public finances before Rachel Reeves’s tax and spending statementBusiness live – latest updatesThe UK government borrowed more than expected in October, official figures...
Read MoreAnnual September rate is same as August and July but confounds forecasts of cost of living increaseInflation was unchanged last month at 3.8%, confounding expectations of an increase, official figures show.The Office for...
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