UK economy
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4 articles
Reeves's summer VAT cut: the rare Treasury plan that didn't leak
The Chancellor's £300m holiday giveaway landed without a pre-briefing trail. The bigger tell, BBC's Chris Mason argues, is what she left out.
UK borrows £24.3bn in April as gilt premium and Iran war bite
Record debt-interest costs of £10.3 billion drove the worst April deficit since the pandemic, as bond markets price in a Starmer leadership crisis.
UK food tariff cut works out to 10p off the weekly shop
Chancellor Rachel Reeves billed the £150m suspension as cost-of-living relief. The Food and Drink Federation's own maths put the household benefit at about £5.20 a year.
UK county court judgments hit post-pandemic high, driven by sub-£500 debts
Registry Trust logged nearly 1.2 million new CCJs across the UK and Ireland in 2025. The median value is falling, and only one in twenty is ever paid in full.
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