Demands to increase spending after a decade of austerity could limit the UK government’s ability to improve public finances, ratings agency Moody’s has warned.
Public borrowing was £10.6bn in September – an increase of £1.3bn compared to the same month in 2015 – exceeding Office for Budget Responsibility forecasts and adding to the...
George Osborne will today set out plans to legally bind the government and future administrations into running a surplus when the economy is growing as part of a “new settlement” for the public...
Countries like the UK should not cut public spending to bring down sovereign debt as the impact on the economy could outweigh the benefits, an International Monetary Fund research paper has concluded.
