Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’ ...

The national debt has accompanied America through wars, crises and its journey to becoming the world’s leading superpower.

By Anna TibaijukaIn the previous articles of this series, I argued that national debt should not be viewed simply through political slogans or headline debt figures.Borrowing can help finance ...

By Andy Bruce MANCHESTER, England, July 7 (Reuters) - Britain will need extra tax rises or spending cuts equivalent to the entire education budget early next decade to prevent government debt ...

Rolling coverage of the latest economic and financial news ...

Andy Burnham faces £120bn of tax rises or deep spending cuts to stop Britain’s debt from spiralling out of control, the ...

Britain's public finances are becoming 'unsustainable' despite claims by current Rachel Reeves that Labour's fiscal rules ...

It’s becoming increasingly clear that Andy Burnham, likely to be our prime minister very soon, would like to spend a fair bit ...

Global warming could have a lasting impact on Italy's economic growth and the sustainability of its public finances. This is the conclusion of a ...

GBP/JPY extended gains for a second day, rising to the mid-216.00s in early European trading on Monday, close to the ...

More money for the military, less for everything else, while debt continues to grow rapidly: such is Germany's draft budget ...

UK debt will grow ‘explosively’ if not addressed by governments, warns OBR - The OBR set out the findings from a series of ...