UK economy

As the UK approaches the 28 October budget announcement, Chancellor John Healey has prioritized economic growth, emphasizing the importance of boosting the country’s finances while adhering to the government’s fiscal …

UK businesses are increasingly under financial strain, with the number of companies in critical distress climbing 9% from the previous year to reach 53,756 in the second quarter of 2026. …

In a surprising turn for the UK’s fiscal landscape, government borrowing reached £23.3 billion in May, significantly exceeding expectations and marking it as the second-highest borrowing figure on record for …