public finance

Government borrowing higher than expected in November

Government borrowing higher than expected in November

Figure of £12.6bn surprises economists as increase in income tax receipts slows to 1.1% after years of 3%-plus growthGovernment borrowing was higher than expected at £12.6bn in November as the growth
Philip Hammond's autumn statement is a welcome reality check

Philip Hammond's autumn statement is a welcome reality check

New chancellor faces up to the UK’s deep-seated economic weaknesses now left exposed by the Brexit vote Philip Hammond’s message was stark and clear. The result of the EU referendum in June means the
Philip Hammond's autumn statement – video highlights

Philip Hammond's autumn statement – video highlights

Philip Hammond gives his autumn statement in the House of Commons on Wednesday. Key points include lower growth forecasts, a £23bn national productivity investment fund, a housing white paper and the
Five key charts you need to see before the autumn statement 2016

Five key charts you need to see before the autumn statement 2016

As the graphs and charts point out, Phillip Hammond does not have much scope for giveawaysThe UK chancellor, Philip Hammond, will deliver his maiden autumn statement against a backdrop of weaker
The Brexit economy: remarkable resilience as spectre of inflation looms

The Brexit economy: remarkable resilience as spectre of inflation looms

Latest monthly Guardian analysis of data points to post-referendum economy holding up well. But will it last for 2017?• Help fund our journalism by becoming a Guardian supporterThe chancellor, Philip
Boost to public finances lifts chancellor ahead of autumn statement

Boost to public finances lifts chancellor ahead of autumn statement

Rises in NI, corporation tax and stamp duty on shares help swell Treasury coffers but Philip Hammond will still miss deficit targetBritain’s public finances improved in October with a fall in the
Autumn statement: safeguard public investment, say experts

Autumn statement: safeguard public investment, say experts

Economists warn Philip Hammond over ignoring infrastructure needs amid £100bn black hole in financesThe chancellor, Philip Hammond, should limit the impact of the Brexit vote on the economy by
UK austerity policies 'amount to violations of disabled people's rights'

UK austerity policies 'amount to violations of disabled people's rights'

UN says measures aimed at reducing public spending since 2010 have affected disabled people disproportionately Austerity policies introduced into welfare and social care by the UK government amount to
UK faces £14bn shortfall in public finances, warns IFS

UK faces £14bn shortfall in public finances, warns IFS

Collapse in corporation tax receipts and rise in borrowing costs will cut Philip Hammond’s room for manoeuvre at autumn statement, says thinktankHigher borrowing costs and lower tax receipts could
Collapse in corporation tax receipts pushes budget deficit to £10.6bn

Collapse in corporation tax receipts pushes budget deficit to £10.6bn

Shock figure seen as setback for Philip Hammond as he prepares to boost public spending in autumn statementBritain’s public finances suffered a shock setback in September after a collapse in