The UK pound has fallen to its lowest in nine months as government borrowing costs soar, reaching their peak since the 2008 financial crisis. Economists warn that rising borrowing costs may lead to tax increases or spending cuts as the…

Chancellor Rachel Reeves admits to significant hurdles in reviving the UK economy, facing scrutiny from the shadow chancellor Mel Stride over her recent Budget decisions. Economists say Reeves needs a ‘Christmas miracle’ due to zero growth reported between July and…