UK borrowing rises to £20.2bn, putting pressure on Rachel Reeves

April figure more than expected and comes despite increase in employer national insurance contributionsJump in UK borrowing shows Rachel Reeves needs to relax her strict budget rulesBusiness live – latest updatesThe UK government borrowed more than expected in April, underscoring the challenge for Rachel Reeves to fix public services and grow the economy while meeting her fiscal rules.With the chancellor under pressure on Labour’s tax plans, the Office for National Statistics (ONS) said public sector net borrowing rose to £20.2bn in April, £1bn more than the same month a year earlier. City economists had forecast borrowing of £17.9bn. Continue reading...

Comments

Business News

Bill Ackman’s Pershing Square bought Amazon stake at ‘extremely attractive’ price

Newyork Post

Borrowing costs soar on global debt jitters: Reeves on rack over UK spending spree as Trump's tax cuts are 'playing with fire'

about 1 hour ago

Trump fright for bonds: President risks having a Liz Truss moment, says ALEX BRUMMER

Dailymail

Comments

Similar News

Borrowing costs soar on global debt jitters: Reeves on rack over UK spending spree as Trump's tax cuts are 'playing with fire'

Morrisons is making major change to all UK stores with new ‘premium’ offers for shoppers

Iconic alcoholic drink on tap for first time in pubs across the UK

FTSE 100 slides after jump in UK Government borrowing

The UK's 'missile of the future' for its F-35s has been delayed again

FTSE 100 slides after jump in UK Government borrowing

Meet Trading 212’s Ivan Ashminov, the entrepreneur disrupting the world of UK finance

Legendary UK retailer set to return 13 years after collapsing into administration and shutting 240 stores

Fewer study and work visas lead to halving in net migration in the UK in 2024

Viral K-beauty ‘glass skin’ moisturiser finally launches in UK and we’ve tried it out

All 85 UK bank branches shutting in June including Halifax and Lloyds - check our map

UK petrol prices poised to fall further as oil production may be ramped up

Popular Hong Kong restaurant that’s famous for its ‘delicious’ menu to open first UK site

UK bank wants to give new customers £175 for free

Jump in UK borrowing shows Rachel Reeves needs to relax her strict budget rules

Downturn across UK firms stretches into May despite tariffs respite

Discontinued Mars chocolate coming to back to UK shelves in weeks after 11 years

UK bank offering £175 for simple switch

The UK risks falling apart. Keir Starmer can mend it now – but he doesn’t have much time | Martin Kettle

UK-wide parking app to be rolled out by industry bodies after pilot scheme

Business News

Bill Ackman’s Pershing Square bought Amazon stake at ‘extremely attractive’ price

Turn garden into a holiday, our Sun Gardening editor explains how to create zones

Shoppers go wild for new ‘mystery flavour’ of popular sweet in Sainsbury’s

How women can get started in taxi jobs or bouncer roles… and save Britain’s nightlife

Breaking: Bitcoin Pizza Day Celebrates Crypto’s Historic Moment

Netflix’s ‘KPop Demon Hunters’ Releases Their Trailer And Poster

While Pulisic Gets A Rest, USMNT Will Need To Get Creative In Gold Cup

Turkish Accessory Brand Serena Uziyel Opens Store In Manhattan

World’s Second-Biggest Airport Retailer Makes South African Breakthrough

Space Superiority: Why The Space Force Must Lead In AI Warfare

Lisa Matches BTS In A Major Chart Feat

Google Passed The ‘Will Smith Eating Spaghetti’ Test

Nominations Open For America’s Top Lawyers 2025

Johnson Matthey shares soar as the chemicals giant announces the sale of its technologies business

Return to office boosts fortunes at British Land amid fears WFM is stifling productivity and career progression

Easyjet eyes record profits as travellers shrug off economic woes to book summer holidays

Borrowing costs soar on global debt jitters: Reeves on rack over UK spending spree as Trump's tax cuts are 'playing with fire'

Trump fright for bonds: President risks having a Liz Truss moment, says ALEX BRUMMER

Fewer study and work visas lead to halving in net migration in the U.K. in 2024

A wave of new owners brings fresh energy to independent bookselling

Fictional fiction: A newspaper's summer book list recommends nonexistent books. Blame AI

FDA panel debates COVID vaccine recipe as questions swirl about fall shots

April home sales slow with high mortgage rates, prices, putting chill into spring buying season

Stocks drift as worries about the U.S. government's soaring debt continue to weigh

High school graduates eagerly eye skilled trade jobs as AI reshapes job market

Filings for jobless aid, a proxy for layoffs, inch down modestly last week as uncertainty lingers

U.S. Mint moves forward with plans to kill the penny

April home sales slow with high mortgage rates, prices, putting chill into spring buying season

EU foreign policy chief calls on Serbia to make a 'strategic choice' between West and East

Mercedes-Benz will establish its North American HQ in Georgia, moving hundreds of jobs

Amid technical glitches, California's e-bike incentive program promises to be ready for new applicants

Tinder CEO steps down after less than 2 years in latest shakeup amid activist pressure

Walmart to cut about 1,500 corporate jobs

Trump ‘very seriously’ weighs taking Fannie Mae, Freddie Mac public after years of government control

Morrisons is making major change to all UK stores with new ‘premium’ offers for shoppers

Three genius ways to save on ice lollies as prices and temperatures rise

How rising inflation impacts your mortgage and savings

Manny Pacquiao Opens As Significant Betting Underdog To Mario Barrios

Harvard Barred From Enrolling International Students By Trump Administration

Son Suk-Ku And Kim Da-Mi Gather Clues In K-Drama ‘Nine Puzzles’

Critics’ Score Drops For ‘Mission: Impossible - The Final Reckoning’

Texas Moves To Ban Hemp Products But Approves Psychedelic Research

UFC Champ Jon Jones Says ‘I Don’t Know If I Wanna Call It Retired...’

Small Biz Owners Are Becoming Influencers And Content Creators– Just Ask TikTok

‘Summer Of 69’ Star Sam Morelos On Bringing Abby Flores To Life

Trump’s Policy Bill Still Faces These Hurdles—As Senate Republicans Voice Debt And Medicaid Concerns

Baldoni Vs. Lively Feud: Taylor Swift Subpoena Withdrawn By Baldoni’s Legal Team

NBA Announces All-Defensive Teams For 2024-25 Season

X Outage: Thousands Of Users Report Issues With Social Media Site

Everything We Know About OpenAI’s $6.5 Billion Purchase Of Jony Ive’s Io

How The NBA MVP Award Reflects Team Success And Emerging Leadership

Why Knicks Vs. Pacers Game 1 Did Not Disappoint

Judge slams Diddy's lawyer for asking Kid Cudi if he actually slept with Cassie

How the US Army plans to keep its massive 70-ton Abrams tanks from tearing up DC roads

Airbnb CEO Brian Chesky says there's a 'silver lining' for people starting businesses in a choppy economy

Google cofounder Sergey Brin says it's time for retired computer scientists to get back to work

There's been a rise in Tesla owners switching over to Cadillac EVs, exec says