UK public finances recorded their first surplus for the month of July since 2002, as the government brought in an extra £0.2bn, Office for National Statistics figures have shown.
Alcohol and smoking are not a drain on public finances and actually provide a net benefit of £22.8bn, according to a study by the Institute of Economic Affairs.
Public sector borrowing for the financial year-to-date is at its lowest level since 2008, according to the latest figures from the Office for National Statistics – but inflation has now...
The chancellor can expect borrowing figures to be lower than expected when the Office for Budget Responsibility makes its forecast ahead of the spring Budget, the EY Item Club has said.
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...
The aims of the government’s devolution drive have multiplied, while the limits of centralised public finances are being exposed. More transparent ways of doing decentralisation are needed
Public sector borrowing in the 2015-16 financial year has been revised upwards by £2bn and now stands at £76.0bn, according to latest figures from the Office for National Statistics.
Public sector borrowing is £14bn lower in the eleven months of the financial year to date compared to 2014/15, according to the latest figures from the Office for National Statistics, with the...
Public sector borrowing in February and March will need to be nearly 50% lower than the same two months in 2015 for the Treasury to meet its deficit target, the Office for Budget Responsibility said...
The £27bn boost to the public finances used by George Osborne at last November’s Spending Review to reduce the scope of planned spending cuts could turn out to be “illusory”,...
A review by the European Commission has found that the public finances in the UK face a high level of risk due to increasing public sector debt levels forecast over the next decade.
Public sector borrowing fell by more than £6bn in the first quarter of 2015/16 compared to the same three months in the previous year, the Office for National Statistics announced today.
The government’s decision to scrap maintenance grants and replace them with loans will increase the debt burden faced by poorer students but do little to improve the public finances, according...
The public finances will be put under pressure over the next 50 years due to the ageing population, the government has been warned, with demand for healthcare and pensions set to increase spending by...
Public sector borrowing was £6.82bn in April 2015, a decrease of £2.5bn compared to same month last year, the lowest in the months of April since 2008, the Office for National Statistics...
Ed Miliband has today set out a plan for the Office for Budget Responsibility to verify a Labour government's plans to cut the deficit in every year of the next parliament.
