Economics ❯ Macroeconomics ❯ Fiscal Policy ❯ Government Spending

Budget Deficit

May Borrowing Surges to £23.3bn as Debt Interest Hits May Record

Rising debt costs are forcing markets to demand clarity on whether fiscal rules will be preserved or eased to allow more investment.

U.S. Public Debt Tops GDP for First Time Since World War II

MYEFO Narrows Deficit to $36.8 Billion as Savings and Revenues Lift Budget