The UK’s public sector borrowing surged to £20.7 billion in June, significantly higher than expected, marking the second-highest borrowing for the month since records began.
This increase, reported by the Office for National Statistics, has raised concerns among investors and analysts about the sustainability of the UK’s fiscal position, with government debt now hovering close to 100% of GDP.
The rise is attributed to increased public spending and weaker tax receipts, compounded by inflationary pressures.
For UK audiences, this signals potential future tax hikes or spending cuts, as Chancellor Rachel Reeves faces pressure to stabilize the economy amid warnings of a 'debt doom loop' from top investors.
Timber and materials distributor James Latham has reported a rise in revenue, citing strong demand for timber products.
Fishing tackle and equipment retailer Angling Direct has reported a stronger-than-expected first-half trading performance, boosted by a solid UK performance.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
The FTSE 100 index reached a new closing high, boosted by hopes of a resolution to the Russia-Ukraine conflict and strong performance from retailers.
Despite earlier predictions of a fall, UK households are now being warned that their energy bills are expected to rise from October.
London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.
A new survey reveals that tenants in England are spending an 'unaffordable' 36% of their income on rent, highlighting the country's severe housing affordability crisis.
The average asking price for a UK property has fallen by 1.3% in August, as sellers price their homes more competitively during a typical summer dip.
Construction giant Balfour Beatty has reported a lift in profits and is optimistic about a boost from its UK construction projects.
New data reveals a 'heartbreaking' trend with more than 200 pubs across the UK closing their doors in just the last six months, highlighting the severe challenges facing the hospitality sector.
Construction and infrastructure giant Balfour Beatty has reported a lift in its profits, citing a strong performance from its UK-based construction and infrastructure projects.
UK homebuilder Bellway has warned that its ability to meet housing demand is being hindered by 'frustrating' planning delays from local councils.
Britain's economy grew by 0.3% in the second quarter, a slowdown from the first quarter but better than anticipated by market analysts.
Chancellor Rachel Reeves has pledged to make boosting the UK's productivity a key focus of her upcoming Autumn Budget.
An explainer has been published on 'Pisces', a potential new UK stock market that could provide an alternative to the London Stock Exchange's main market.
Stronger GDP hasn’t eased the fiscal bind, as think-tanks warn of tough choices ahead of the Autumn Budget.
UK economy grew 0.3% in Q2 2025, beating expectations amid tariff and jobs headwinds.
The UK economy expanded by 0.3% in Q2 2025, outpacing expectations and easing recession fears.
Reports suggest the UK Chancellor and Prime Minister are preparing the public for potential tax increases and reforms in the upcoming November budget to address a significant spending gap.
The Bank of England's Monetary Policy Committee voted to cut the base rate by 0.25 percentage points to 4.0%, marking the fifth consecutive cut in a year.
A new report highlights that a significant number of UK exporters are suffering from the latest wave of tariffs imposed by the US.
An editorial from The Guardian argues that the shrinking of the London Stock Exchange is a symptom of a 'broken growth model' and low business investment in the UK.
The UK's construction sector experienced its sharpest decline in activity in July since the beginning of the COVID-19 pandemic, according to new data.
New data shows the UK's services sector experienced its largest drop in new orders in almost three years, adding to the pressure on the Bank of England to cut interest rates.
A survey by the Institute of Directors (IoD) reveals that business leader confidence in the UK economy has fallen to its lowest level since the index began in 2016.
The UK car market is on track for its best year since before the coronavirus pandemic, driven by strong demand.
The UK government invested £29 million to reopen Cornwall’s South Crofty tin mine, creating over 1,000 jobs.
The Confederation of British Industry reported a 10-month retail downturn, with sales remaining weak in July.
Sunny weather in July drove a rebound in UK retail sales, offering relief to struggling high street businesses.
