Tom Harwood: The Simple Way to 'Abolish' the OBR
GB News's Tom Harwood argues the Office for Budget Responsibility's power stems from government borrowing. The solution? Run a surplus and render the fiscal watchdog irrelevant.
Category : Search result: borrowing
OBR vs Treasury: Ministers' Fiscal 'Theatre of Errors'
The Treasury is accused of undermining the OBR's forecasts, creating a 'theatre of errors' that risks UK economic stability. Read our analysis of the fiscal rules clash.
Budget Fuels 93% Chance of December Interest Rate Cut
Traders predict a 93% likelihood of a Bank of England rate cut in December to 3.75%, making borrowing and mortgages cheaper. Discover what this means for you.
UK National Security First in China Relations
Science Secretary Liz Kendall emphasises national security is 'non-negotiable' amid new Chinese embassy reports. Plus, October borrowing hits £17.4bn and energy bills rise. Read the latest UK political developments.
Government borrowing third-highest October record
Official figures reveal UK government borrowing reached £17.43bn in October, exceeding forecasts as consumer spending fell unexpectedly. Stay informed about economic developments.
UK government borrowing exceeds forecasts before budget
UK public finances show £17.4bn October borrowing, higher than expected, creating challenges for Chancellor Rachel Reeves' upcoming budget statement. Read the full analysis.
UK borrowing costs rise after Reeves' tax U-turn
UK borrowing costs surge and the pound falls after Chancellor Rachel Reeves abandons income tax rise plans. Market reaction signals investor unease ahead of the budget.
Property investors account for 40% of Australian home loans
Property investors borrowed record $40bn in Australia as landlord loans surge 17.6%, outpacing owner-occupiers. Greens call for urgent credit market intervention.
Bank of England Holds Interest Rates at 5.25%
The Bank of England maintains interest rates at 5.25% amid political pressure and economic uncertainty, setting the stage for a crucial budget announcement from Rachel Reeves.
Reeves: Tax rises 'inevitable' in budget speech
Chancellor Rachel Reeves warns of difficult decisions ahead as economic pressures force government's hand on taxation and borrowing.
Fed Holds Rates Steady Amid Inflation Concerns
The US Federal Reserve maintains current interest rates as inflation concerns persist. Discover what this means for global markets and UK borrowers.
Page 1 of 1