Borrowing figures show Reeves is in a fiscal bind ahead of Budget Economics The latest figures showed that borrowing in September exceeded expectations yet again, driven by higher government spending.
Long-time IFS director Paul Johnson to step down Economics Johnson, who became Director of the IFS in January 2011, will take up the role of Provost of Queen's College, Oxford.
IMF predicts global debt to surpass $100 trillion this year Economics In its latest fiscal monitor, the international fiscal watchdog said that public debt had spiralled post-pandemic, as governments increasingly embraced spending to stimulate economic growth.
Treasury fails to deny capital gains tax hike as Reeves readies ‘broken’ finances warning July 28, 2024 Rachel Reeves is set to warn of the "broken" state of the UK's public finances in a speech on Monday, as rumours of a hike in capital gains tax continue to swirl.