The government posted a smaller-than-expected surplus of £15.4 billion in January, short of economists’ forecasts of £21 billion and the £19 billion projected by the Office for Budget Responsibility (OBR). January’s data is traditionally buoyed by self-assessment tax payments; however, the shortfall means total borrowing so far this financial yearContinue Reading

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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The Irish branch of fashion retailer New Look is going into liquidation, with an expectedContinue Reading

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Confidence in the state of the economy has slid to its lowest level since last spring, according to the British Retail Consortium (BRC). The trade body’s latest monthly survey — conducted among 2,000 UK adults — shows consumer confidence tumbling to a net balance of -37, down three points fromContinue Reading

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