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UK public finances

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  • Tuesday, 23 May, 2023
    Inside Politics
    Reduced immigration demands do not align with realities of low funding

    The Conservative party needs to address issue of spending on skills and staffing

  • Tuesday, 23 May, 2023
    UK public borrowing rises on social security and interest payments

    Net borrowing was higher than expected at £25.6bn in April

  • Friday, 28 April, 2023
    UK quantitative easing
    Bank of England forecasts £100bn payment from Treasury by 2033 over QE losses

    Central bank stresses figures relating to bond-buying programme are estimates

  • Tuesday, 25 April, 2023
    UK tax
    Inheritance tax soars as result of UK’s fiscal drag

    HMRC boosted the total tax take by 9.9 per cent in 2022-23

  • Tuesday, 25 April, 2023
    UK government borrows less than expected, raising prospect of tax cuts

    Public spending falls short of forecasts but so do revenues, indicating weaker economic performance

  • Tuesday, 21 March, 2023
    UK public borrowing rises on energy support schemes

    February figure of £16.7bn is higher than expected

  • Thursday, 16 March, 2023
    Jeremy Hunt accused of gaming his fiscal rules

    Experts say public finances could be in a worse shape than figures contained in the Budget

  • Thursday, 16 March, 2023
    Paul Johnson
    The UK chancellor is caught in a dilemma, as his Budget shows

    Continuing to muddle through, massage the figures and implement bad policies will only make the problems worse

  • Wednesday, 15 March, 2023
    News in-depthUK Budget
    Jeremy Hunt uses improved public finances to serve up giveaways

    But UK chancellor’s tax incentives to nurture business investment are constrained by his own fiscal rules

  • Wednesday, 15 March, 2023
    UK Budget
    Hunt’s Budget offers £9bn business tax break and surprise pension boost

    Chancellor also extends free childcare of one- and two-year-olds in fiscal plan to increase workforce

  • Sunday, 12 March, 2023
    ExplainerUK Budget
    Five things to look out for in Jeremy Hunt’s Budget

    Chancellor expected to take steps to nurture economic growth as well as address cost of living crisis

  • Sunday, 12 March, 2023
    The FT ViewThe editorial board
    The UK chancellor’s fiscal conundrum

    Jeremy Hunt’s Budget must boost growth amid tight finances and political pressures

  • Friday, 3 March, 2023
    UK Budget
    Hunt to use Budget to help UK households with energy bills

    Chancellor will not have room for big giveaways on March 15 because of new forecasts of weak economic outlook

  • Tuesday, 21 February, 2023
    Explainer
    Why are UK public finances in much better shape than expected?

    Jeremy Hunt has a £30bn windfall after higher tax revenues and lower subsidies for household energy bills

  • Tuesday, 21 February, 2023
    UK public sector posts unexpected budget surplus in January

    Improvements in finances come largely from stronger than expected tax receipts

  • Wednesday, 25 January, 2023
    Truss to join Tory rightwing clamour for immediate tax cuts

    Hunt and Sunak insist their focus is on controlling UK public finances and inflation

  • Tuesday, 24 January, 2023
    UK public sector borrowing more than doubles in December

    Energy support schemes drive up figures as ONS report shows highest borrowing since monthly records began in 1993

  • Saturday, 21 January, 2023
    Bulb Energy
    UK government set for payback from Bulb sale to Octopus

    Fall in gas prices expected to cut cost of failed energy company’s rescue by up to £840mn

  • Thursday, 19 January, 2023
    King Charles III
    King Charles hands over wind farm profits for ‘wider public good’

    UK’s new monarch pre-empts critics by surrendering coming windfall from seabed licences

  • Thursday, 12 January, 2023
    Bank of England
    BoE winds up Truss emergency measures

    Bonds it purchased to stabilise the UK economy after the disastrous mini-Budget have now been sold

  • Wednesday, 21 December, 2022
    UK public sector borrowing hits record November high

    Energy support payments and higher debt interest pushes borrowing to £22bn last month

  • Tuesday, 22 November, 2022
    Treasury bails out BoE for first losses on QE programme

    Central bank requires funding after raising interest rates but payments have no effect on overall public finances

  • Tuesday, 22 November, 2022
    UK public borrowing rises as energy cap takes effect

    October’s figure of £13.5bn was £4.4bn more than in the same month last year

  • Friday, 18 November, 2022
    Autumn Statement
    ‘New era’ of higher taxes beckons for UK, warn think-tanks

    Resolution Foundation points to wage stagnation, while IFS says fiscal rules only just met by £55bn squeeze

  • Thursday, 17 November, 2022
    News in-depthAutumn Statement
    Hunt returns to ‘fiscal orthodoxy’ in face of grim public finances

    Unlike Kwasi Kwarteng, the chancellor accepted the OBR’s dire predictions for the economy

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