borrowing
No, Gideon, low gilt yields aren’t good news, and here’s why
Are low bond yields good news? Not really: Cormac Hollingsworth explains that, although they can be a representation of belief in a government's ability to pay back debt, in this case they merely represent the dearth of alternative investment options.
For every extra £4 spending is cut, it only cuts borrowing an extra 75p
The latest figures on growth (or lack of) are bad for the government’s deficit reduction plan; the government is terrible at cutting borrowing generally.
Without growth will we even halve the deficit?
The IMF downgrades to UK growth today is awful news for those who are hoping to cut the deficit, explains Left Foot Forward’s Cormac Hollingsworth.
Higher borrowing than under Labour threatens credibility of UK plc.
While the coalition is pointing to not needing to borrow in July, the City now expects the coalition to borrow £10 billion more than the OBR prediction.
The coalition could end up borrowing more than Labour
If the economy continues to stagnate, the coalition could borrow more than Labour this year, writes Cormac Hollingsworth.
Borrowing figures make grim reading for Osborne
George Osborne’s lack of a growth strategy could easily undermine his deficit reduction plans, writes Duncan Weldon.