Higher-than-expected borrowing figures for April have created pressure for UK Chancellor Rachel Reeves, with predictions of tax increases in the autumn. The Office for National Statistics reported borrowing at £20.2 billion, up £1 billion from last year, raising concerns over…

October’s public sector finance figures highlight rising UK government borrowing, which reached £17.4 billion, driven by record debt interest payments and increased public sector pay. With spending outpacing revenue, Chancellor Rachel Reeves faces challenges in maintaining fiscal stability. The government…