Rising Debt Levels Require Action from Wealthy Nations, IMF Warns
The IMF urges advanced economies to reduce debt as borrowing costs increase. Kristalina Georgieva warns of unsustainable...
Section
Government Debt
UK Borrowing Costs Surge to 25-Year Peak Before Autumn Budget
UK long-term borrowing costs reach highest levels since 1998, intensifying fiscal challenges as the government prepares...
US National Debt Surpasses $40 Trillion Mark
The United States national debt exceeds $40 trillion for the first time, doubling in one decade amid rising interest rat...
Global Borrowing Costs Surge as Oil and AI Fuel Inflation Pressures
Global borrowing costs reach unprecedented levels as oil prices rise and AI investments accelerate, impacting government...
Transform Struggling Water Companies Into Not-For-Profit Models
Labour politicians propose mutualised water firms as a third option to boost public oversight while avoiding increased g...
Baroness Mone Face Lawsuit to Recover PPE Medpro Contract Millions
Baroness Mone and her husband Doug Barrowman are defendants in a legal action aimed at recovering funds owed to the UK g...
UK Borrowing Surges to £23.3bn Amid Public Finance Concerns
UK borrowing reached £23.3bn in May, rising nearly 33% year-on-year. Experts warn of fragile public finances as governme...