It could, in theory, cover all of its spending from ... by the previous government that the total amount of money owed must have fallen as a proportion of the UK economy in five years' time.

The UK is set to become the third fastest-growing economy in the G7 this year, with its GDP projected to rise by 1.5 per cent ...

The UK economy may have shrunk in the fourth quarter, putting Britain back on the brink of recession and piling more pressure ...

Fears are mounting that Labour will delay the push to spend 2.5 per cent of GDP on ... servicing the UK's debt mountain have risen, putting huge pressure on the government's spending plans.

The UK has met this target consistently, and has spent 2.3% of GDP on defence for each of the last three years. In April 2024, the then-Conservative government committed to spending 2.5% of GDP on ...

THE UK economy ... waste in public spending, and today I will be pressing regulators on what more they can do to deliver growth. “After 14 years of economic stagnation, this Government’s ...

At such a critical moment in US history ... after government borrowing costs surged and the value of the pound slumped amid worries over the economy and UK debt levels. Markets calmed on Wednesday ...

the report points to the scale of rearmament that the Labour government must contend with: “The UK is spending only 1.6 per cent of GDP on ‘conventional defence’, when commitments like the ...

At such a critical moment in US history ... have a “damaging” impact on the economy. We are deeply concerned by the potential impact of the UK Government Budget, with higher national insurance ...

Defence spending currently sits at 2.29 per cent of GDP, £64.4 billion ... He will also admit that the UK is ‘long overdue a reckoning with government spending, and a realistic appraisal ...

“We have set out the fiscal rules that we will balance day to day spending with tax receipts and we will get debt down as a share of GDP within ... while UK Government bonds recovered some ...