She also added: "We're investing in Britain's renewal to make working people better off".So what exactly is GDP and how does ...

The three letter acronym that oversees government finances has hung over Gilt markets like Banquo’s ghost ever since they were butchered by the dagger of Lady Truss. If the OBR portends doom, the ...

The UK economy is expected to have grown by a miserly 0.1 per cent in May, consensus among City economists suggests, ...

Rachel Reeves has been handed a "horror show" report card by the Office for Budget Responsibility, which has warned that ...

The UK's state finances are on an "unsustainable" path due to a raft of public spending promises the government "cannot afford" in the longer term, the boss of UK's official forecaster has warned. It ...

The government has promised not to touch the triple lock this Parliament, but rising costs mean reform could be inevitable eventually ...

The OBR highlighted the 'risks' of trying to milk too much from 'high net worth' individuals as it painted a grim picture of ...

The state pension triple lock has been declared a "large financial risk" for Britain and is projected to cost taxpayers ...

What is true on Rachel Reeves's CV as chancellor accused of changing length of time she was at Bank of England - The Chancellor of the Exchequer has been embroiled in a scandal over the editing of her ...

Household spending is down £50bn since last year. It’s hardly surprising there’s so much uncertainty in the economy given the ...

Latest figures from the Office for National Statistics show public borrowing hit £17.7 billion in May, up from £17 billion in 2024.