Borrowing

Lenders punish borrowers who slip onto standard variable rates

2 June 2017 12:29

When you’ve been writing about money for a while, a few key phrases crop up again and again. But of all…

Britain’s borrowing binge – not Brexit – should be the big worry for the Bank of England

31 March 2017 12:31

So, the Office of National Statistics has confirmed that the economy grew by 0.7 per cent in the last quarter…

Osborne looks set to miss his deficit target – again

21 October 2015 10:22

After disappointing figures last month, public borrowing in September came in lower than forecast, at £9.4bn, figures published by ONS…

Cautious Miliband doesn’t want to talk about borrowing

20 April 2015 20:57

Labour is proposing to balance the current not the overall budget. This is presumably because they think that borrowing to…

Mortgage rates stand at record lows – so why won’t George Osborne boast about it?

10 February 2015 16:40

Under George Osborne, borrowing costs have fallen to record lows – as data released by the Bank of England today…

The British economic recovery, in 12 graphs

23 January 2015 14:48

Everything seems to be falling into place ahead of the election for the Tories. Today’s data shows high street spending…

Public borrowing and a target George Osborne might actually meet

22 October 2013 13:14

Some of George Osborne’s targets – like balancing the books – are always five years away; he never has to…

Borrowing figures and what really keeps politicians awake at night

21 June 2013 17:32

There was a moment in the last Budget statement where George Osborne revealed that the deficit was – just –…

Ed Miliband is trying to work out whether he can really sell the distinction between good and bad borrowing to voters. Picture: Getty

Labour is being forced to talk about ‘good borrowing’ before it is ready

1 May 2013 9:02

It’s not a case of will they, won’t they when it comes to whether Labour would borrow more, but will…

Deficit falls by 0.3%… maybe

23 April 2013 10:04

George Osborne will be breathing a sigh of relief this morning. The boast he made in his Autumn Statement in…

Vince Cable’s borrowing bombshell

6 March 2013 22:30

It is only towards the tail end of his lengthy New Statesman essay on ‘the long economic stagnation of post-crisis…

To be upfront about Labour's plans for borrowing, Ed Balls would have to make a complex argument about 'good' and 'bad' borrowing. Picture: Getty

Why Ed Balls isn’t being more upfront about his borrowing plans

4 March 2013 14:03

No matter how bad the economic news, government ministers can always take heart that an attack from Labour will always…

Markets shrug off Britain’s downgrade

25 February 2013 9:37

It seems that Moody’s downgrade of UK government bonds on Friday night has — so far — had more effect…

Ed Miliband at Prime Minister's Questions today.

PMQs: Ed Miliband argues Labour would borrow for success

30 January 2013 13:46

‘We’d borrow more, but we’d use it better.’ That was the message Ed Miliband found himself trying to get across…

Austerity latest: borrowing STILL higher

19 October 2012 11:39

Today’s borrowing figures show that the government has borrowed £2.6 billion more so far this fiscal year than it did in…

Labour to launch a deficit clock for Tory conference

5 October 2012 14:09

Things have come to a pretty pass when the Labour Party is launching a campaign with a deficit clock to…

It looks ever more likely that George Osborne will miss his debt target. Picture: Getty.

Borrowing figures are good and bad news for the government

21 September 2012 13:30

Today’s public finance statistics are another case of good news/bad news for the government. First, the good news: the ONS…

MPs and voters turn on Osborne

21 August 2012 19:13

The Treasury received some bad news today, so it sent out Chloe Smith to respond instead of her boss George…

Sorry, Rachel, but more debt is not the answer to the debt crisis

21 August 2012 14:28

Has anyone seen George Osborne’s £3 billion? The Chancellor seems to have lost it. His government had expected to net…