Topic
government-borrowing
5 stories related to this topic, newest first.
thehindu.compolitics40 days ago
OBR Admits £60bn Borrowing Underestimate but 2025-26 Outturn Beats Forecast
The fiscal watchdog published an evaluation report Tuesday that showed its projections for 2024/25 borrowing were off by £65-66 billion. Actual borrowing reached £151 billion while growth came in at 1.4 percent instead of the 2 percent forecast.
thehindu.comworld56 days ago
UK Borrowing Costs Rise After Labour Leadership Speculation
Government bond yields have increased following reports of potential changes in the Labour Party leadership. Conservative analysis estimates that sustained higher yields could add £5.4 billion to borrowing costs over five years.
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morningstaronline.co.ukworld56 days ago
Andy Burnham Commits to Existing UK Fiscal Rules
Greater Manchester Mayor Andy Burnham stated he will follow the government's current borrowing limits. UK 10-year gilt yields fell after the announcement.
thecanary.copolitics60 days ago
UK Chancellor Said Labour Contest Would Create Chaos
The chancellor cited stronger-than-expected UK GDP growth of 0.6 percent in the latest quarter, which made Britain the fastest-growing G7 nation. She argued that a Labour leadership election would damage the economy at a time of global conflict and rising government borrowing cos…
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Benzingafinance66 days ago
U.S. Borrowing Needs Projected Above $2 Trillion In Fiscal 2026
Officials project privately-held net marketable borrowing of roughly $2.04 trillion in fiscal 2026. The projection comes from primary dealers surveyed in Treasury documents released Wednesday. Borrowing needs are expected to remain above $2 trillion annually through fiscal 2028.