British finance minister Rachel Reeves received more bad news on the public finances on Friday after January tax receipts ...

Ray Dalio, the billionaire founder of hedge fund organisation Bridgewater Associates, says the UK’s borrowing is leading to a “debt death spiral ... 4.5 per cent of GDP this year, the ...

Although household debt to the country’s gross domestic product (GDP) has moderated over the last few years since its peak in 2015, economists and analysts concurred that this phenomenon should ...

UK borrows 17.8 bln pounds in December Economists had forecast deficit of 14.1 bln pounds ONS cites debt interest ... liabilities rose to 84.5% of GDP in December from 84.0% in November.

The UK economy appears to have emerged from the abyss after November's revised GDP figures showed it grew ... for some respite from high mortgage and debt repayments." Inflation remains under ...