The Treasury borrowed £14.6bn more than expected last year as an exodus on non-doms from Britain hit tax receipts.

Rachel Reeves is facing a tax nightmare as her attempts to plug gaps in the UK finances face huge strains. The Chancellor is ...

Pantheon Macroeconomics’ Elliott Jordan-Doak said that the government is likely to increase taxes to “take the strain” of ...

The latest figures from the Office for National Statistics show public sector net borrowing rose to £151.9 billion in the ...

The borrowing figure for the last financial year comes in far higher than the Office for Budget Responsibility had expected ...

Rachel Reeves faces having to raise taxes at the autumn Budget after borrowing jumped in the UK hit by Donald Trump ’s tariffs, economists are warning. Official figures showed the Government borrowed ...

Britain's government borrowed £151.9 billion over the course of the 2024/25 financial year, considerably more than the ...

UK government borrowing exceeded official forecasts made just last month, highlighting the fragile state of the public ...