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مستقر126 خبر11 مصادرآخر تحديث: 13 sa önce

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UK Borrowing Surges in May, Exceeding Forecasts Amid Inflationary Pressures
يتطور
Business·13 sa önceملخص الذكاء الاصطناعي

UK Borrowing Surges in May, Exceeding Forecasts Amid Inflationary Pressures

UK government borrowing in May reached £23.3bn, a nearly third increase year-on-year and £5.6bn above OBR forecasts. Rising inflation, partly due to the Middle East conflict, drove up debt interest costs to a record high for May. Greater Manchester mayor Andy Burnham's potential leadership challenge is noted, with his fiscal pledges being watched by investors.

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BBC Business
UK Defence Spending Row: Healey Resigns Over Funding Shortfall
يتطور
سياسة·6 g önceملخص الذكاء الاصطناعي

UK Defence Spending Row: Healey Resigns Over Funding Shortfall

John Healey resigned as UK Defence Secretary after being offered a £13.5bn increase in defence spending over four years, which he deemed insufficient. Chancellor Rachel Reeves resorted to budget cuts and departmental reserves to fund the MoD's demand for £18.5bn. The situation highlights the challenge of funding Labour's defence spending pledges, with options of spending cuts, tax rises, or borrowing all facing political hurdles.

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Guardian UK