Public finance

UK debt projected to almost triple over next 50 years, watchdog warns

The UK’s debt mountain will almost triple to more than 270% of national income over the next 50 years because of pressures from an ageing population, the climate crisis...

Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble | Rafael Behr

An unwritten law of Westminster mechanics states that power, in the absence of a countervailing force, gravitates to...

UK debt must be steered off unsustainable course, warns Lords committee

The pressing risk of the national debt becoming unsustainable will force Britain into the unenviable choice of paying...

Labour’s first job is not to spend, but to fix the UK’s financial plumbing | Phillip Inman

Every time an upmarket home is bought in the UK, the new residents seem obliged to rip out...

Councils in England draining reserves to stay afloat, leaders say

Local authority leaders say they are having to drain their financial reserves to keep services afloat and avoid...

Keir Starmer takes a political gamble with message of bad news

Sir Keir Starmer could perhaps have timed it better. On the day that Oasis, the band that symbolised the mood of sunny optimism that...