UK borrowing for fiscal year blows past official forecasts
Shortfall between April and August highlights challenge for chancellor Rachel Reeves in November Budget
Shortfall between April and August highlights challenge for chancellor Rachel Reeves in November Budget

As global risks mount, Rachel Reeves must shore up Britain’s finances and growth agenda

Fiscal watchdog’s letter ‘set out the facts’ about the evolution of its forecasts in the run-up to the Budget

UK chancellor will present fiscal plan on November 26, a month later than last year, amid market uncertainty

Shortfall of up to £30bn is due to Labour policy choices, not just adverse economic forecasts

A quick guide to Rachel Reeves’ main policy announcements and official economic forecasts

Verdict from think-tanks is that Rachel Reeves has put fiscal repair job ‘on hold’