Budget deficit

Most recent

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  Day-to-day public services to bear brunt of government spending cuts

  9 Sep 2014:

  OBR says welfare and debt interest payments may rise with cuts to hit public sector pay and procurement to balance the budget

• Government posts surprise deficit in July after borrowing £239m

  21 Aug 2014: Economists had expected £50m surplus but ONS data shows 2014 borrowing so far is £9.4bn higher than at same point in 2013

• Would a citizen’s income be better than our benefits system?

  10 Aug 2014: Phasing out tax relief and allowances may reduce the budget deficit while also adapting to the growing informal economy, writes Larry Elliott

• Government borrowing figures dent deficit reduction target

  22 Jul 2014:

  George Osborne's long-term economic plan pushed off course again as coalition borrows more than expected in June

• UK house price inflation to outstrip pay rises 'for years to come'

  10 Jul 2014:

  OBR says only 'historically unprecedented' housebuilding activity can prevent loan-to-income ratios rising year after year

• UK economic figures show jump in business investment

  22 May 2014: Office for National Statistics confirms figures showing 0.8% growth for first three months of 2014

• Government ad spend to increase by 22% to almost £300m

  14 May 2014: Key campaigns for year to March 2015 include explaining deficit reduction, Scottish referendum and UK's role in Afghanistan. By John Reynolds

• UK current account deficit far bigger than forecast

  28 Mar 2014: Government gap stands at more than £22bn, which equates to 5.4% of GDP, undermining claims of economic recovery

• Government borrowing edges up in February

  21 Mar 2014: Rise in local authority spending pushes total borrowing for this tax year to £99.3bn

• IFS says 2014 budget promises based on uncertain savings forecasts

  20 Mar 2014: Institute for Fiscal Studies says that George Osborne's 'unspecified spending cuts' may leave projections for the public finances on an uncertain footing

• Budget 2014: Osborne targets grey vote with savings and pensions reforms

  19 Mar 2014:

  Chancellor warns austerity will continue long after election, while green groups condemn cheaper energy for business

• Osborne's budget is jam today – and damn tomorrow

  19 Mar 2014:

  None of the parties wants to admit the austerity lined up for voters – 2015's election winner will have lots of slashing to do

• The real gist of Osborne's speech was that Britain remains in deep trouble

  19 Mar 2014: The chancellor said growth may be picking up but the deficit is too high and investment too low

• Budget 2014: George Osborne presents 'budget for savers' as growth upgraded

  19 Mar 2014:

  In penultimate budget before election, chancellor offers package of help for pensioners and 'makers, doers and savers'

• The hard truth is that the economy is recovering, but productivity isn't

  9 Mar 2014: Business leader: British businesses have survived the recession by stagnating and cutting pay. That bodes badly for future growth

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1-15 of 453 for Budget deficit