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Blow to Reeves as UK borrowing unexpectedly jumps
Borrowing - the difference between spending and tax revenue - was £17.8bn last month, putting more pressure on the chancellor.BBC News - 1h -
UK borrows far more than expected in December
Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economyFinancial Times - 4h -
UK borrowing jumps unexpectedly, adding to pressure on Rachel Reeves
Increase to £17.8bn is well above City forecasts and is highest December figure for four years. Business live – latest updates UK government borrowing jumped unexpectedly to £17.8bn last ...The Guardian - 2h -
Reeves intervenes in UK car finance mis-selling case to protect lenders
Treasury approach to Supreme Court is blow to consumer groups but chancellor fears damage to sectorFinancial Times - 1d -
Acting FBI chief unexpectedly retires as Trump's pick awaits confirmation
Paul Abbate made the unexpected announcement in an email to senior officials Monday ahead of President Trump's inauguration.CBS News - 1d -
Reeves backs plans for looser limits on mortgage lending
UK chancellor favours proposals by financial regulator for banks to take more risks to boost home ownershipFinancial Times - 1d -
Reeves vs the markets
Plus, how Kemi Badenoch and Ed Davey have kicked off 2025Financial Times - 4d -
FTSE 100 hits record as interest rate hopes push down UK borrowing costs
Nearly every share on the index rises as fall in value of pound helps multinational companies listed in London. Business live – latest updates The UK’s blue-chip stock index hit a record high ...The Guardian - 4d -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - 5d -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - 5d -
Going for growth: Rachel Reeves v the markets
What could the chancellor do to grow the economy?BBC News - 6d -
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...ABC News - Jan. 15 -
Democrats fail to land decisive blow against Hegseth
Democrats on the Senate Armed Services Committee failed to land a decisive blow against Pete Hegseth, President-elect Trump’s nominee to serve as secretary of Defense, after several hours of tense ...The Hill - Jan. 15 -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - Jan. 15 -
Reeves defends herself after market turbulence
The chancellor says it is "not reasonable to suggest" she was at fault for the recent market nervousness.BBC News - Jan. 14 -
Reeves shrugs off calls for resignation as she promises UK growth plan
Chancellor has faced increasing criticism over her handling of the economyFinancial Times - Jan. 14 -
Biden cancels student loans for 150,000 more borrowers
President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...NBC News - Jan. 13 -
Starmer has ‘full confidence’ in Reeves despite pressure on UK chancellor
Prime minister says she is doing a ‘fantastic job’ but declines to promise she will be in post at the next electionFinancial Times - Jan. 13 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
Reeves 'to wage war on waste' and 'Nine-jobs Nigel'
"Growing disquiet" in the Labour Party and Nigel Farage's "side-hustles" lead Sunday's newspapers.BBC News - Jan. 12 -
Reeves defends China visit and hails £600m boost to UK
The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.BBC News - Jan. 11 -
Reeves seeks to revive City of London links with China
Chancellor to promote closer ties between London and Shanghai stock exchanges while on Beijing tripFinancial Times - Jan. 11 -
Ukraine war briefing: Zelenskyy hails ‘significant blow’ of US-UK sanctions on Russian oil and gas revenues
Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053. See all our Ukraine ...The Guardian - Jan. 11 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
Emma Raducanu bitten by jumping ants
Emma Raducanu has become the latest victim of Australia’s famously hostile wildlife – although it was not spiders or snakes in her case, but rather “jumping ants”.Yahoo Sports - Jan. 10 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - Jan. 9 -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - Jan. 9 -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - Jan. 9 -
Has the bond market turned against Rachel Reeves?
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as MarchFinancial Times - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Federal Court Strikes a Final Blow to FCC's Net-Neutrality Rules
Appeals-court decision ends effort to regulate internet providers like utilities, citing Supreme Court decision restraining federal agencies’ powers.The Wall Street Journal - Jan. 2