At present, UK public debt is currently around the same size as the economy due to the various shocks of the past few years The UK will spend £110 billion on debt interest in 2023, according to credit ...

An intolerable burden is being placed on future generations that will result in financial crises and political instability ...

UK state debt could almost treble over the next 50 years owing to an ageing population and climate change, a government watchdog forecast on Thursday.

The UK’s official forecaster warned that public debt will nearly triple to over 270% of GDP in 50 years unless the government can solve the country’s health crisis and revive productivity growth. The ...

The UK faces a £10bn blow to the public finances each year from Donald Trump’s tariff regime, according to the official budget watchdog. The Office for Budget Responsibility (OBR) warned that Trump's ...

“Countries don’t go bust”, Walter Wriston, chief executive of Citibank (1967-1984), famously said. Yet of all the economic risks in the next few years, none may be as consequential as the accumulation ...

LONDON, March 1 (Reuters) - Britain's Spring budget is due next Wednesday ahead of an election expected this year, and investors are keen to see if finance minister Jeremy Hunt can balance giveaways ...

Global public debt is very high. It is expected to exceed $100 trillion, or about 93 percent of global gross domestic product by the end of this year and will approach 100 percent of GDP by 2030. This ...

LONDON (Reuters) - The pound fell against the dollar on Tuesday after hitting a three-week high the previous day while the pound was also lower against the euro as deteriorating UK public finances ...