Barring remote sessions during Covid, the UK’s rate setters have gathered in London to make their decision at every meeting since the Bank of England gained independence over monetary policy. From nex...

The UK needs to make “stronger efforts” to cut spending and bring debt under control as growth slows this year and next, the Organisation for Economic Cooperation and Development said.

Britain borrowed more than forecast in the first five months of the fiscal year after rising inflation drove up spending in a blow to Chancellor of the Exchequer John Healey ahead of his debut budget ...

Britain’s new Labour government has been considering a proposal from Keir Starmer’s time in office, by which borrowing for building projects would be excluded from the fiscal rules.

Britain’s new Labour government has been considering a proposal from Keir Starmer’s time in office, by which borrowing for building projects would be excluded from the fiscal rules.

Britain’s new Labour government has been considering a proposal from Keir Starmer’s time in office, by which borrowing for building projects would be excluded from the fiscal rules.

John Healey wants “to gets things done,” Britain’s new finance minister said in his first major speech on Monday. The problem is that the country’s fiscal position keeps deteriorating as conflict in t...

How Andy Burnham can overcome political and policy constraints to deliver real change

Hundreds of millions of pounds of aid spending are at risk under the terms of a funding settlement to manage the cost of housing people seeking asylum in the UK.

Rachel Reeves had promised to deliver a nothing-to-see-here spring forecast this week, an event to be celebrated for its uneventfulness. After war erupted in the Middle East, however, Tuesday’s statem...

From London to Pretoria, finance ministers around the world are struggling to pass painful budgets in the face of political opposition. The Organization for Economic Cooperation and Development has a ...

Clive Cowdery is arguably the most influential non-politician in UK politics today. His proteges at the Resolution Foundation, a think tank he founded 20 years ago, now staff the halls of Westminster ...

It’s become one of the most sensitive non-political appointments in the UK: Who is going to take over at the Office for Budget Responsibility?

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.

Rachel Reeves should get billions of pounds of extra room in her upcoming budget, UK Treasury officials believe, thanks to her plan to cut household bills and bring down inflation.

UK Chancellor of the Exchequer Rachel Reeves gave the clearest signal yet that she will boost her wafer-thin fiscal buffer at next month’s budget to put the public finances on a more stable footing, a...

Rachel Reeves is coming under pressure to increase the buffer against her fiscal rules at next month’s UK budget, to create what one economist called a “virtuous circle” that quells bond-market uncert...

The UK is enjoying its fastest productivity growth since the pandemic, according to new research from Pantheon Macroeconomics that relies on tax data instead of the standard labor-market figures.