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Government borrowing in Aug. highest since Covid
British government borrowing reaches record $18.2B for August
British government borrowing jumped by almost a third to $18.2 billion last month compared with August 2023, taking borrowing to the highest level since treasury finances were hammered by COVID-19 in 2020-2021.
Government borrowing in August highest since Covid
Government borrowing in August rose to the highest level for the month since the Covid pandemic in 2021. Official figures show that borrowing - the difference between spending and tax revenue - reached £13.7bn last month, £3.3bn more than in August last year.
Government borrowing rises to £13.7bn in August
Official figures show that borrowing - the difference between spending and tax revenue - reached to £13.7bn last month. The Office for National Statistics (ONS) said that tax inc
England, rates
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a percentage point to roughly 4.8% from a two-decade high of 5.3%, where it had stood for 14 months. It also signaled that there will be more cuts to come in the next few months.
Instant view: Bank of England leaves rates at 5%
The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by another 100 billion pounds ($132.86 billion) over the coming 12 months, weighing on the government's
Bank of England bond sales could cost government almost £100bn by 2028
The current pace of government bond sales by the Bank of England could cost the Treasury up to £96bn over the next four years, a new study has found. As the market looks to Threadneedle Street's policy announcement on Thursday, the pace of "quantitative tightening" (QT) will be in focus for government officials and taxpayers alike.
Crux
2d
‘Safe Zones’ at abortion clinics in England called ‘unnecessary’ by Catholic bishops
A new law in Great Britain will enact “safe access zones” outside abortion facilities in England and Wales on Oct. 31, a move ...
4d
Junior doctors in England vote to accept government pay offer after long dispute
Junior doctors in England accepted a pay deal on Monday made by the government, a breakthrough that follows a series of ...
4d
England’s Junior Doctors Vote for Pay Deal to End Strikes
Junior doctors in England voted to accept a pay rise of 22.3% on average in a deal that Prime Minister Keir Starmer’s ...
5d
UK government responds as England could be banned from next Euros despite it being in country
Euro 2028 will be hosted in the UK and Ireland - but England might not be there to play in it. This comes after the governing ...
2d
Abortion Clinics In England And Wales To Get 'Buffer Zones': Govt
Abortion clinics in England and Wales will be surrounded by protective perimeters in order to keep out protestors opposed to the practice and ensure women are not "harassed", the government announced ...
4d
on MSN
Junior doctors in England vote to accept government pay offer
Junior doctors in England have accepted a pay offer made by the government, the British Medical Association said on Monday.
1d
on MSN
10 busiest trains in England and Wales revealed – and all but one are London commuter services
England and Wales revealed – and all but one are London commuter services - Bedford via Luton to London St Pancras, Gatwick ...
3d
on MSN
Regulator government ‘objectives’ clause under pressure
Pressure is mounting over a controversial clause regarding government 'objectives' in a draft version of the bill that will ...
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