August 30, 2026

Warning over 'fragile' public finances as borrowing rises

Warning over 'fragile' public finances as borrowing rises

The UK borrowed £23.3bn in May, according to official figures, up almost a third on the same month last year.

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Could high inflation be the new normal?

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Inflation is at a three-year high. That’s a problem for the Fed. Yet, under the leadership of new chair Kevin Warsh, it opted not to hike interest rates. So, who are inflation’s winners and losers?