Browsing Tag
UK Economy
10 posts
Lenders propose golden share to prevent Thames Water state takeover
Thames Water lenders are offering the government a golden share and increased local authority control in an effort to avoid state nationalisation of the struggling supplier.
UK June borrowing figures show slight improvement
Government borrowing for June landed at £16bn, a figure slightly better than forecasted as Prime Minister Andy Burnham begins his term.
Prime Minister Andy Burnham’s ambitious agenda faces fiscal reality
Prime Minister Andy Burnham shifts from campaign rhetoric to the difficult task of balancing ambitious national spending plans with strict fiscal and borrowing constraints.
Government takeover of British Steel aims to secure future stability
Local residents and former employees in Scunthorpe view the government's nationalization of British Steel as a crucial measure to protect jobs and maintain essential national manufacturing capabilities.
UK economic output edges upward during leadership transition
The UK economy grew by 0.1 percent in May, supported by the services sector, as the nation prepares for Andy Burnham to take office as prime minister.
Can Andy Burnham’s devolution strategy spark economic growth?
Andy Burnham proposes a radical shift in UK governance to drive economic growth, citing Greater Manchester's experience as a potential blueprint for national success.
An Overview of Royal Finances and Funding Sources
King Charles III has disclosed his tax payments for the first time as the monarchy seeks greater financial transparency through the Sovereign Grant and private income streams.
A Decade After the Vote: Assessing the Economic Toll of Brexit
A decade after the Brexit vote, data indicates that the UK economy has sustained lasting damage due to increased trade friction, investment stagnation, and bureaucratic hurdles for exporters.
UK Government Debt Reaches April Peak Not Seen Since 2020
UK public sector borrowing surged to £24.3bn in April, the highest level since 2020, as rising debt interest and benefit spending outweighed tax revenues amid economic uncertainty.
IMF Raises UK Economic Outlook Despite Persistent Global and Local Risks
The IMF has lifted its 2026 UK growth forecast to 1%, citing unexpected economic momentum, though it warns that geopolitical tensions and internal uncertainty remain significant threats.