Net debt is expected to be $27.9 billion in 2026-27
The EU position is expressed in five words: “A deal is a deal."
New expenses brought on by tariffs have led these firms to employ fewer workers, accept lower profits
The minutes underscored the deeply divided nature of the committee
Lower food, gas prices in January helped drive inflation in the U.K. to a 10-month low
The budget brings in a record deficit of $13.3 billion
$6.6B strategy aims to create 125,000 jobs in the next decade
The central bank is forecasting weak growth in the economy over the next two years due to AI, U.S. protectionism
The extra defence spending will cost the country an extra $33.5 billion a year: PBO
The central bank last cut its key rate in December