Sir Winston Churchill’s Siren Suit, Chartwell, Kent, CMS_1102826 DX FEATURE SUPPLIED: National Trust (Image: Band, Leah)What links Sir Winston Churchill’s surprisingly form-fitting velvet onesie,...

UK borrowing costs have just hit their highest level since the financial crisis, in the latest blow for our increasingly beleaguered Chancellor. As I write, 30-year gilt yields have climbed above...

“Hello, is that the IMF? Rachel Reeves here, in a bit of a pinch and just wondering if you could see your way to bunging us £51 billion… just till the end of the month.” That is the shameful,...

It comes as Ms Reeves is facing further pressure over the UK’s public finances after official figures showed higher-than-expected government borrowing last month due to soaring debt interest...

The warning signs are everywhere. Britain’s economy shrank again in May, following a drop in April, with retail sales collapsing as cash-strapped shoppers stay home. Gilt yields are climbing to...

Or to be more precise, she’s perched on "a bed of nitroglycerin". That was the phrase legendary bond investor Bill Gross used in 2010 to describe Britain’s public finances, warning the country...

Labour insiders fear Rachel Reeves' tears during Prime Minister's Questions "have made her unsackable". The Chancellor cried in the Commons chamber on Wednesday as Prime Minister Sir Keir Starmer...

It’s been a hellish week for the Chancellor. On Wednesday, she broke down in the Commons after Keir Starmer pointedly refused to say her job was safe. And for a moment, the UK finances were on the...