A leak inquiry will take place following reports that economic growth forecasts have been reduced by the government's ...

While the headline figure will be greeted with some relief in Downing St, the ONS data shows there is little to celebrate, with a measure for growth by head of population showing a second quarter of ...

The ONS said gross domestic product edged 0.1% higher between October and December after zero growth in the previous three ...

At 07:00 this morning, new figures revealed that UK economic activity expanded in the final three months of 2024. Here's what ...

UK welcomed the opportunity to feed into Phase 2 of the Government’s multi-year Spending Review. We recognise the challenging ...

UK Chancellor Rachel ... At issue is her inaugural budget from last October, which saw big tax hikes coupled with considerably larger spending increases. Back then, the Treasury left itself ...

Official figures showed gross domestic product edged 0.1% higher between October and December, confounding expectations for a ...

UK welcomed the opportunity to feed into Phase 2 of the Government’s multi-year Spending Review. We recognise the challenging ...

Britain’s tax and spending watchdog is “vulnerable to bias” because of pressure from overly optimistic politicians, an ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

The Treasury has a number of extraordinary balance sheet measures it can employ to avoid default, which budget analysts say could last several months, depending on the strength of tax revenues.

In the past, Congress has routinely voted to lift this bar, but that tool has become a contentious issue, with Republican budget hawks calling for drastic spending reductions instead. "Extraordinary ...