The country with the world's largest amount of debt is also the biggest spender - and it owes billions to countries with far ...

Eight months after coming to power and just two months after the Prime Minister’s promise to put more money in the pockets of ...

or GDP. The current level is more than double that seen from the 1980s through to the financial crisis of 2008. The combination of the financial crash and the Covid pandemic pushed the UK's debt ...

Calls for the UK government to start selling the bitcoin came after the German government started selling its own holdings in ...

GDP stands for gross domestic product, and is a measure of all the economic activity of companies, governments and people in a country. In the UK, the Office of National Statistics (ONS ...

With President Donald Trump entering office for the second time, Nato spending is once again under scrutiny as the United ...

However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt ...

deputy chief UK economist at Capital Economics. “This means there is little room for complacency.” A primary deficit is the amount a government need to borrow to fund its spending excluding ...

The UK economy may have shrunk in the fourth quarter ... Reeves and her promise to turbo-charge growth. Economists reckon GDP fell 0.1% following a stagnant third quarter, amid the fallout ...