UK borrowing jumps in December as debt interest climbs
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of ...
UK budget deficit surges in December as debt interest hits
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest and a one-off purchase of military ...
Chancellor under pressure over state of public finances as borrowing soars again
The Office for National StatisticsThe attributed this increase largely to skyrocketing debt interest payments, which have ...
Borrowing surges to four-year high in blow to Chancellor
The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a ...
Borrowing hits a four-year high for December
The official figures are released as the chancellor's stewardship of the public finances remains under intense scrutiny at a ...
U.K. Government Borrowing Jumps as Interest Payments Rise — Update
Yields on U.K. government bonds--which are known as gilts--surged in early January, and although they have since fallen back somewhat, they remain above the levels assumed by the OBR when it was ...