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Uk Government Borrowing

All articles tagged with #uk government borrowing

Retail Sales Decline Amid Economic Uncertainty and Holiday Challenges

Originally Published 23 days ago — by BBC

UK retail sales unexpectedly declined in November despite Black Friday deals, with supermarket sales falling for the fourth consecutive month and consumer confidence reaching a 16-month high, amid ongoing budget-related uncertainties and increased government borrowing, which is higher than expected but still lower than last year.

business business black-friday business consumer-confidence economic-outlook retail-sales uk-government-borrowing

UK Borrowing Surges to Five-Year High, Pound Falls Amid Rising Insolvencies

Originally Published 3 months ago — by BBC

UK government borrowing in August reached its highest level in five years, driven by increased public spending and debt interest, putting pressure on Chancellor Rachel Reeves to consider raising taxes or cutting spending in the upcoming Budget to meet fiscal rules and address deteriorating public finances.

business economy august-record budget-2023 economy public-finances taxes uk-government-borrowing