UK Borrowing

Public Sector Borrowing Down £300m

PA | Posted 23.04.2013 | UK Politics

Britain's finances remain under intense pressure after figures today showed annual net borrowing managed only a slight dip to £120.6 billion in the f...

Morrison Slashes 700 Jobs After Osborne's 'Hardworking People' Speech

Huffington Post UK | Felicity Morse | Posted 10.04.2013 | UK

Nearly 700 jobs are at risk at Morrisons, the supermarket where last week George Osborne made a speech in defence of cutting benefits, saying he would...

George Osborne Tells Tory MPs 'No Shock Therapy' For The Economy

The Huffington Post UK | Posted 26.03.2013 | UK Politics

George Osborne has rejected calls from the right-wing of the Conservative Party that he administer "shock therapy" to the economy in order to kickstar...

George Osborne Warns Of 'Tough Choices' But Will Not Change Course

PA/Huffington Post UK | Posted 20.03.2013 | UK Politics

Budget 2013 live : Follow George Osborne's announcement here with our 'At A Glance' guide to all the big decisions on the economy. George Osborne b...

Cameron Pledges To Stick To Economic Plan Despite Cable

PA/The Huffington Post UK | Tom Moseley | Posted 07.03.2013 | UK

David Cameron will vow he is "sticking to the plan" on the economy - after Vince Cable said it was time to change course. The Prime Minister will p...

Vince Cable Tells George Osborne To Change Course To 'Revive Growth'

The Huffington Post UK | Ned Simons | Posted 06.03.2013 | UK Politics

With just two weeks to go until the Budget, Vince Cable has told George Osborne to ditch his opposition to borrowing in order to stimulate growth in t...

UK Deficit To Be £64bn Above Osborne's 2015 Target

PA/The Huffington Post UK | Posted 06.02.2013 | UK Politics

The UK will borrow £64bn more than expected by 2015 despite Chancellor George Osborne's repeated attempts to control the country's deficit, a report ...

Osborne Preparing To Drop His Debt Target

Huffington Post UK | Mehdi Hasan | Posted 12.09.2012 | UK Politics

Do you remember George Osborne’s first “emergency” budget in June 2010? The chancellor of the exchequer argued that “in order to place our fis...

RBS Improves Existing Lending Rates For Medium Sized Businesses With Funding For Lending Scheme

The Huffington Post UK | Charlie Thomas | Posted 10.09.2012 | UK

The Royal Bank of Scotland has announced it will use the Treasury's Funding For Lending scheme to boost its Manufacturing Fund. The fund, which was...

Is It Time to Raise Income Tax

Malcolm Prowle | Posted 19.09.2012 | UK
Malcolm Prowle

The current global economic and financial crisis is sometimes often described as a "perfect storm" combining, as it does, severe debt crises in the UK, USA and Eurozone countries, stagnant (or declining) economic performance and loss of trust in elected politicians.

Public Sector Hit £18.2bn In March

PA | Posted 23.06.2012 | UK Politics

Government borrowing reduced by nearly £11 billion over the last financial year, despite a surprise rise in the figure for March. Public sector ne...

100 Year Bonds Are Nothing More Than a Political Stunt

Samuel Dale | Posted 19.05.2012 | UK Politics
Samuel Dale

Chancellor George Osborne doesn't have much to cheer about In the run up to his third Budget this week.

Boost For Osborne As Public Sector Borrowing Surplus Hits Four-Year High

PA/The Huffington Post UK | Posted 21.02.2012 | UK

The government's public sector borrowing surplus was at its highest in four years in January, figures released on Tuesday show. The Office for Nati...

Wasted Fuel: How a Brave Government Could Kick-Start the Economy

Phil Shanks | Posted 31.03.2012 | UK Politics
Phil Shanks

In 2008 economies across the globe crashed as a worldwide shortage of cash liquidity brought the financial system to a standstill. Rather like a car that has run out of petrol, subsequent attempts to restart the engine have failed.

Economists Still Fearful In Spite Of Surge In Mortgage Approvals

Posted 04.01.2012 | UK

The number of approvals for new house purchases has defied expectations by rising to its highest point in almost two years, but economists warned of d...

Mortgage Market Sees Surprise Bounce As Approvals Hit Two-Year High

PA | Posted 05.03.2012 | UK

The number of approvals for new house purchases has defied expectations by rising to its highest point in almost two years, but economists warned of d...

Putting the 'Social' Back into Social Networks...

Carrie Lloyd | Posted 27.01.2012 | UK Tech
Carrie Lloyd

The strategy behind this non-profit organisation not only avoids wasting our landfill sites with those 'was once useful' tools, but Streetbank.com has become so much more than that. People actually have a conversation. They smile. They have cups of tea; like the good old days, when neighbours would chat over their fences and watch out for your cat.

Mortgage Approvals Up But Lending Remains Weak

Huffington Post UK | Posted 24.10.2011 | UK

The overall value of mortgage lending remained stagnant in July according to the British Bankers Association, but the number of mortgages approved did...

Jobs Divide 'Hits Homeowners In Britain's North'

PA | Posted 15.10.2011 | UK

PRESS ASSOCIATION -- A rise in mortgage arrears and negative equity in the north of Britain have been blamed on the UK's growing north-south jobs divi...

Debt Crisis 'Threatens Heart Of EU' Commission Warns

Huffington Post UK | Rob Smith | Posted 04.10.2011 | UK Politics

The debt crisis is threatening the core of the eurozone, the head of the European Commission has said, warning that severe economic problems could spr...

William Alden

Credit Card Borrowing Up As Struggling Nation Relies On Plastic

HuffingtonPost.com | William Alden | Posted 04.09.2011 | UK

The British are increasingly relying on credit cards for buying power as incomes fall in the wake of the financial crisis, draining savings and leadin...