Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • The strange world of the Euro-Gulf 
    • The race to stop ‘predatory marriage’ in old age
    • Reeves seeks to revive City of London links with China
    • Greenland wants to be independent, not American or Danish, says premier
    • Threat of Trump tariffs adds to global economic uncertainty, IMF warns
  • US
    Sections
    • US Home
    • US Economy
    • Investing in America
    • US Companies
    • US Politics & Policy
    • US Presidential Election 2024
    Most Read
    • Greenland wants to be independent, not American or Danish, says premier
    • Threat of Trump tariffs adds to global economic uncertainty, IMF warns
    • The art of dealing with Donald Trump
    • Treasury yields jump after US jobs report smashes expectations
    • A time for truth and reconciliation
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
    • Piers Morgan: ‘Everyone now gets the power of YouTube’
    • Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business
    • Rich opt out of English courts for private divorces
    • TikTok warns it could ‘go dark’ as Supreme Court weighs divest-or-ban law
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • Russian court approves scandal-hit Wildberries merger
    • AI-powered devices dominate Consumer Electronics Show
    • The uncomfortable truth about social media networks
    • Silicon Valley’s largest start-ups to shun IPOs in 2025
    • Musk calls on California and Delaware to force auction of OpenAI stake
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
    • Treasury yields jump after US jobs report smashes expectations
    • US imposes wide-ranging sanctions on Russian oil sector
    • The rising cost of a caffeine fix
    • Labour intensifies push for growth to avoid ‘disastrous’ tax rises
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • The strange world of the Euro-Gulf 
    • The relationship recession is going global
    • Don’t be fooled by Demi Moore’s Golden Globes success
    • A time for truth and reconciliation
    • Even oversupply can’t burst the Burgundy bubble
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
    • Do you want the good feedback, or the bad feedback? 
    • The underwear brand that’s neither Victoria’s Secret nor ‘Bridget Jones granny pants’
    • Narcissist CEOs like risky insider trading and are bad at it: study
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • The strange world of the Euro-Gulf 
    • The coming battle between social media and the state
    • Don’t be fooled by Demi Moore’s Golden Globes success
    • How to climb Everest in a week
    • Even oversupply can’t burst the Burgundy bubble
  • HTSI
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

UK public finances

  • Friday, 10 January, 2025
    Gilts
    UK government borrowing costs stabilise near 16-year high

    Bonds steady after sell-off that threatens to wipe out room for extra borrowing under Labour’s budget rules

  • Friday, 10 January, 2025
    UK government spending
    Whitehall braced for spending cuts after UK hit by bond market turmoil

    Rising gilt yields mean government departments may face further squeeze

    The Treasury
  • Wednesday, 8 January, 2025
    ExplainerGilts
    Has the bond market turned against Rachel Reeves?

    Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as March

    A montage of Rachel Reeves and bar chart lines in the foreground
  • Wednesday, 8 January, 2025
    Gilts
    UK 10-year borrowing costs hit highest level since 2008

    Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

    The UK Treasury building and logo
  • Monday, 16 December, 2024
    Treasury rules out emergency Budget as Reeves sets March date for statement

    Chancellor will speak alongside new OBR forecasts on March 26

    Chancellor Rachel Reeves
  • Thursday, 21 November, 2024
    UK government borrowing for October exceeds forecasts at £17.4bn

    Data highlights challenges facing chancellor Rachel Reeves

    Rachel Reeves during her Mansion House speech
  • Wednesday, 6 November, 2024
    UK tax
    Reeves insists she will not be ‘coming back with more tax increases’

    UK chancellor describes last week’s £40bn tax-raising Budget as a ‘one-off reset’ and one ‘we will never need . . . again’

  • Tuesday, 5 November, 2024
    UK government spending
    UK Treasury breached legal duty by failing to reveal overspend, says watchdog

    OBR chair says relationship with finance ministry moving to ‘system of trust but verify’

    The Treasury building
  • Tuesday, 5 November, 2024
    The UK gets it wrong again on fiscal rules

    You’re a little much for me, public sector net financial liabilities

  • Saturday, 2 November, 2024
    UK Autumn Budget 2024
    Rachel Reeves loosens UK welfare spending target

    Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’

    Two customers ride mobility scooters through the rain on a pavement
  • Friday, 1 November, 2024
    UK Autumn Budget 2024
    Budget poses new challenge for UK public finances, Moody’s warns

    Assessment from rating agency comes as gilts steady after sell-off sparked by scale of extra borrowing

    Rachel Reeves is seated at her desk in No 11 Downing Street, preparing for the Autumn Budget 2024. She wears a dark suit with a poppy pin and is writing on documents. A red briefcase is visible on the windowsill behind her. A portrait of Ellen Wilkinson hangs on the wall.
  • Thursday, 31 October, 2024
    UK Autumn Budget 2024
    National insurance rise set to hit lower-paid UK jobs hardest

    Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growth

    Rachel Reeves walks outside 11 Downing Street in London holding the red Budget Box. Photographers and a police officer are visible in the background
  • Wednesday, 30 October, 2024
    News in-depthUK Autumn Budget 2024
    Rachel Reeves’ first Budget leaves key economic challenges unresolved

    OBR says announcements amount to one of the biggest fiscal loosenings of recent decades

    composite image of Racel Reeves against a detauls of a chart background
  • Wednesday, 30 October, 2024
    UK Autumn Budget 2024
    The Budget in brief: what you need to know

    A quick guide to the UK chancellor’s main policy announcements and official economic forecasts

    Chancellor of the Exchequer Rachel Reeves delivering her Budget to the House of Commons, London.
  • Wednesday, 30 October, 2024
    The FT ViewThe editorial board
    Britain’s Labour Budget: bold ambition, uncertain prospects

    Rachel Reeves must now deliver on her investment plans, or taxes will rise even further

    Chancellor of the Exchequer Rachel Reeves sits on a sofa.
  • Wednesday, 30 October, 2024
    UK Autumn Budget 2024
    Business and wealthy bear brunt of £40bn tax increases in UK Budget

    Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

    Rachel Reeves leaves 11 Downing Street in London on Wednesday before delivering the Budget in parliament. She is wearing a red poppy on her lapel and carrying a red box, while a police officer stands in the background inside the doorway
  • Wednesday, 30 October, 2024
    Martin Wolf
    Reeves has made her choice — but success is not guaranteed

    The British people will hope that higher spending delivers the better services they want

    James Ferguson illustration of the chancellor holding the Budget red box, which at its centre has a tunnel with a light at the end of it
  • Wednesday, 30 October, 2024
    UK Autumn Budget 2024
    Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR

    Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparency

    Treasury on Whitehall
  • Tuesday, 29 October, 2024
    ExplainerUK Autumn Budget 2024
    What to expect in Rachel Reeves’ first Budget

    Chancellor is due to unveil tax and spend measures, but she may struggle to boost growth quickly

    Montage shows Rachel Reeves against a Union Jack backdrop with a City skyline
  • Sunday, 27 October, 2024
    The FT ViewThe editorial board
    Three tests for Britain’s Budget

    Reeves must stabilise the economy, and pave the way for higher growth

    Rachel Reeves
  • Thursday, 24 October, 2024
    UK government spending
    Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment

    Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by Tories

    Rachel Reeves in Washington
  • Thursday, 24 October, 2024
    Gilts
    Rachel Reeves’ new rules

    She learned this one simple trick… hopefully bond markets don’t HATE her

  • Tuesday, 22 October, 2024
    UK public borrowing exceeds official forecast in September

    Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget

    The HM Treasury building and UK sterling notes
  • Friday, 18 October, 2024
    Chris Giles
    A ‘full fat’ Budget is impossible — what are the trade-offs?

    Traditional Labour measures on tax and borrowing will need to be balanced with thinner fare to keep to fiscal constraints

    Jonathan McHugh illustration of the Budget red box surrounded by glass bottles of mil, some full, some half empty and some spilt.
  • Thursday, 17 October, 2024
    UK Autumn Budget 2024
    UK ministers seek to reassure bond investors on their borrowing plans

    Treasury chief secretary Darren Jones sets out ‘guardrails’ for investment

    Chief Secretary to the Treasury Darren Jones
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:International
UK
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • US
    • US Economy
    • Investing in America
    • US Companies
    • US Politics & Policy
    • US Presidential Election 2024
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In