Latest in Uk Government Borrowing
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UK government borrowing overshoots expectations
Official figures will add to pressure on chancellor as she prepares for Spring Statement next weekFinancial Times - 1d -
Government borrowing higher than expected as pressure builds on Reeves
The latest figures for the UK economy add pressure on Chancellor Rachel Reeves ahead of her Spring Statement next week.BBC News - 1d -
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UK helped Ukraine and US reach ceasefire deal, government sources say
Sir Keir Starmer led European efforts to mend Trump-Zelensky relationship, UK government sources tell the BBC.BBC News - Mar. 12 -
Car industry urges UK government to create new EV incentives
Automotive body says current policy is leading to job losses and has become a ‘driver of de-industrialisation’. Fresh incentives to boost a flatlining electric car market are urgently needed, ...The Guardian - Mar. 13 -
Chagos Islanders seek to take UK government to court over deal with Mauritius
Two women born on the Chagos Islands are seeking to take the British government to court over a proposed deal to transfer sovereignty of the disputed Indian Ocean archipelago to MauritiusABC News - 5d -
Will AI save the UK government £45bn a year?
Ministers believe that increased use of artificial intelligence can help fix the public finances but experts have their doubtsFinancial Times - Mar. 14 -
Starmer suffers cabinet uprising over UK spending cuts
Opposition grows to plans in areas such as welfare but prime minister insists he will not bend rules to allow more borrowingFinancial Times - Mar. 13 -
Bond market strains intensify for Reeves as investors await OBR’s verdict
Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yieldsFinancial Times - Mar. 12 -
Want to boost UK’s investment culture? Exempt stocks-and-shares Isas from IHT
I doubt the government will go for my idea, but it could increase investment in UK plc — and make people richerFinancial Times - Mar. 8 -
The UK’s ‘quango’ state
Starmer’s push to slash arm’s-length bodies follows in a long line of ‘red tape challenges’ by previous governmentsFinancial Times - 3d -
Use of pesticides on UK farms to be cut by 10% by 2030 to protect bees
Campaigners welcome long-delayed proposals to reduce pesticide-related harms to pollinators. The use of pesticides on UK farms is to be reduced by 10% by 2030 under government plans to protect bees ...The Guardian - 1d -
Government “really keen to crack on” with new Man United stadium
Manchester United’s plans for a new 100,000-capacity stadium received a huge boost with the UK Government revealed to be “really keen to crack on” with the project. The ambitious plot to build w...Yahoo Sports - 2d -
UK government vows to clean up Lake Windermere after beauty spot clogged with sewage
The U.K. government is pledging to clean up Lake Windermere, a sewage-clogged beauty spot that has come to symbolize the filthy state of Britain’s waterwaysABC News - Mar. 10 -
Apple's row with UK government over customer data to be heard in secret
The BBC understands the dispute over accessing encrypted data is set to be heard at the High Court.BBC News - Mar. 12 -
UK’s devolved governments can learn from each other on welfare reform
There is no reason why the four countries can’t share information to see which approach is workingFinancial Times - 5d -
Tensions grow over UK government plan to cut welfare payments
Work and pensions secretary Liz Kendall prepares to slash spending on health-related benefitsFinancial Times - 5d -
3 things HELOC borrowers should watch for now
Both existing and prospective HELOC borrowers should be closely monitoring these three factors right now.CBS News - Mar. 11 -
How to borrow home equity quickly, according to experts
Speed up your home equity borrowing approval process with these expert-backed suggestions.CBS News - 5d -
Why HELOC borrowers shouldn't wait for more Fed rate cuts to borrow their home equity
If you're a homeowner considering borrowing with a HELOC, waiting for Fed rate cuts may not make sense. Here's why.CBS News - 4d -
Why Germany Wants to Loosen Its Debt Brake
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.The New York Times - 4d -
Apprenticeships can help fix the UK’s growth problem
A clear commitment to train young people for work will help the government’s economic agendaFinancial Times - 2d -
Lammy urged to impose sanctions on Dubai officials over UK businessman’s detention
Letter calls on government to impose ‘Magnitsky-style’ measuresFinancial Times - 3d -
Schools and hospitals get £180m solar investment
The government has announced the funding for 200 schools and hospitals apiece across the UK.BBC News - 1d -
Student loan borrowers confused by suspension of some repayment plans
Recent changes to student loans have caused confusion and uncertainty around recertification process for borrowers enrolled in repayment plans.CBS News - Mar. 14 -
What HELOC borrowers should look for at this week's Fed meeting
With the Federal Reserve meeting again this week, HELOC borrowers should closely monitor these three items.CBS News - 5d -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 6d -
Columbia graduate detained by Ice was respected British government employee
Mahmoud Khalil described by former colleague at UK office for Syria as well liked and extensively vetted. A detained Columbia University graduate threatened with deportation after the Trump ...The Guardian - Mar. 13 -
UK minister in ‘active discussions’ with pension funds to invest more in private markets
Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assetsFinancial Times - Mar. 11 -
1mn fewer people to secure health benefits under UK welfare reform
Government measures require a Commons vote that could provoke a rebellion by Labour MPsFinancial Times - 5d -
Higher medicine sales tax makes UK ‘uninvestable’, drugmakers warn
Industry lobby group calls for action from government ahead of summit in AprilFinancial Times - 2d -
The UK government embracing AI? I’m sorry, that’s nonsense and I can prove it | Chris Stokel-Walker
My freedom of information request revealed the inane use of ChatGPT by the tech secretary. Is this the future? I hope not. Two tech-related things made me laugh this week. One was Donald Trump’s ...The Guardian - Mar. 14 -
Starmer axes UK payments watchdog as part of anti-regulation drive
Government says regulator’s merger with Financial Conduct Authority will reduce complexity and boost innovationFinancial Times - Mar. 11 -
FCA drops plan to ‘name and shame’ more UK companies under investigation
Financial regulator says it will scrap new public interest test after backlash from the City and government officialsFinancial Times - Mar. 11 -
UK watchdogs scrap diversity and inclusion rules for financial firms
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policiesFinancial Times - Mar. 12 -
UK ministers to drop plan to freeze key disability benefit
Decision on personal independence payments comes ahead of government paper setting out wider reforms on TuesdayFinancial Times - 6d -
UK Treasury to review under-fire Financial Ombudsman Service
Announcement of probe comes as government sets out ‘radical action plan’ to cut regulation and red tapeFinancial Times - 5d -
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spendingFinancial Times - 3d -
The overseas Apple iPhone encryption battle that could be headed to the U.S. next
Apple's refused to comply with a UK government demand for a backdoor into encrypted iPhone data, leaving users exposed. Other governments may press the issue.CNBC - 3d -
Sony Music says over 75,000 items removed in battle against AI deepfakes
Label uses scale of problem to argue against UK government’s proposed loosening of rulesFinancial Times - Mar. 8