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    UK public finances

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    • Thursday, 23 November, 2023
      Free LunchMartin Sandbu
      Autumn Statement: a very British (tax) affair Premium content

      The problems with letting the fiscal rule tail wag the budget dog

      The Treasury building in London
    • Wednesday, 22 November, 2023
      Autumn Statement
      Hunt gambles fiscal tailwind on voter-friendly tax cuts

      Chancellor’s decision was a politically-charged move aimed at putting clear ideological water between his party and Labour

      Montage of coat of arms combined with a block chart
    • Wednesday, 22 November, 2023
      News in-depthAutumn Statement
      Hunt’s growth reforms will not transform UK prospects, warns watchdog

      OBR says the economy faced serious economic headwinds even after chancellor’s Autumn Statement

      Jeremy Hunt and a bar chart
    • Wednesday, 22 November, 2023
      Martin Wolf
      Hunt may be lucky but he has not solved the UK growth challenge

      The real problem the chancellor faces is the poor performance of the economy in the long run

      Illustration of Jeremy Hunt using a leaf blower to blow a flurry of £5 notes around
    • Wednesday, 22 November, 2023
      The FT ViewThe editorial board
      Jeremy Hunt’s fiscal fudge

      Britain’s Autumn Statement is good, bad and ugly all at the same time

      Jeremy Hunt departs Downing Street to deliver his Autumn Statement to UK parliament
    • Wednesday, 22 November, 2023
      Autumn Statement
      Hunt cuts national insurance but taxes head to postwar high

      Autumn Statement makes ‘full expensing’ permanent in win for business

      Jeremy Hunt delivers his Autumn Statement to the House of Commons
    • Wednesday, 22 November, 2023
      Autumn Statement
      Key points from the Autumn Statement

      The main takeaways from Jeremy Hunt’s economic announcement

      composite image of Jeremy Hunt delivering autumn statement and a chart detail
    • Tuesday, 21 November, 2023
      UK government borrowing near record high for October

      Second-highest figure for the month confirms pressure on public finances ahead of Autumn Statement

      UK Treasury building and logo
    • Sunday, 19 November, 2023
      The FT ViewThe editorial board
      Britain’s autumn statement is no time for short-termism

      Jeremy Hunt should prioritise the country’s economic health ahead of political pressures

    • Thursday, 16 November, 2023
      Autumn Statement
      Jeremy Hunt explores cutting inheritance tax and business levies

      UK chancellor under pressure from Tory MPs ahead of election expected next year

      Jeremy Hunt
    • Monday, 13 November, 2023
      Martin Wolf
      Controlling debt is just a means — it is not a government’s end

      An excessively narrow focus on deficits can lead to bad decisions

      The Elizabeth Tower, also known as Big Ben, and a portrait of Queen Elizabeth II are seen on a British five pound banknote
    • Friday, 3 November, 2023
      UK public services face deepening squeeze amid stubborn inflation

      Unprotected departments in line for sharper than expected real-terms cuts, say economists

      A Whitehall street sign
    • Friday, 20 October, 2023
      UK government borrowing was lower than forecast in September

      Better than expected data on budget deficit raises pressure on chancellor Jeremy Hunt to outline tax cuts

      The Treasury building in Westminster
    • Monday, 16 October, 2023
      News in-depth
      Rising UK interest payments leave little room for tax cuts, says think-tank

      Difficult fiscal situation facing chancellor Jeremy Hunt is underscored in analysis by Institute for Fiscal Studies

      Jeremy Hunt holds aloft the red briefcase containing his Budget speech
    • Friday, 6 October, 2023
      UK tax
      Rishi Sunak’s tax freeze nets UK government £40bn bonus

      Rising inflation has increased the number of people who will be paying the levy for the first time

      People walks across the London Bridge with the Tower Bridge in the background
    • Wednesday, 4 October, 2023
      HS2
      The HS2 rail line: what has been cut and what will replace it?

      The £36bn saved from cancelling the northern leg is meant to fund smaller transport schemes

      Montage of HS2 route
    • Wednesday, 27 September, 2023
      Chris Giles
      Beware fiscal rules that are easy answers to complicated problems

      I was wrong to think that taking into account UK public sector assets, as well as debt, would be a silver bullet

      A construction worker closes a gate in hoardings around the HS2 development near Euston station in London
    • Thursday, 21 September, 2023
      Rachel Reeves
      From the OBR to new fiscal rules, we will bring back stability

      Labour’s charter of Budget responsibility aims to give businesses certainty — with no repeats of the ‘mini’ Budget

      Shadow Chancellor of the Exchequer, Rachel Reeves is seen outside the Bank of England on Thursday, when the MPC held interest rates at 5.25% per cent
    • Thursday, 21 September, 2023
      UK public borrowing comes in lower than forecast

      Better than expected data adds to pressure on chancellor to cut taxes

      UK chancellor Jeremy Hunt
    • Friday, 1 September, 2023
      UK local government finance
      Ministers look to force local councils in England to publish overdue accounts

      Government proposals designed to address backlog of more than 500 financial statements from public bodies

      The façade of Woking Borough Council offices in the town centre of Woking, Surrey, southeast England, UK
    • Wednesday, 23 August, 2023
      Inside Politics
      Sense of brighter outlook raises pressure for pre-election tax cuts

      Government speculation swirls over whether to change chancellor before public vote

      Jeremy Hunt
    • Tuesday, 22 August, 2023
      Hunt urged to cut UK taxes after better than expected borrowing data

      Tory MPs press chancellor after latest figures for public finances are stronger than anticipated

    • Friday, 21 July, 2023
      UK public borrowing falls unexpectedly as tax receipts grow

      Welcome economic boost as retail sales growth beats forecasts

      The headquarters of HM Treasury
    • Wednesday, 19 July, 2023
      Robert Shrimsley
      There is no low-tax option at the next UK election

      Both major parties have yet to be totally honest with the electorate

      A man in a suit and bowler hat rides a hot air balloon with word tax written across it
    • Thursday, 13 July, 2023
      UK politics
      UK government debt to reach 310% of GDP by 2070s, fiscal watchdog warns

      Public finances in ‘very risky’ position, says Office for Budget Responsibility

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