UK economy

Austerity may be ending, but we still have huge debts to pay off

The chancellor tried to present a cheerful picture of Britain’s finances in his budget speech this week, says John Stepek. But the national debt hasn’t gone away – and we have a hunch about who’ll have to pay for it.

The national debt really does matter

From the Budget, you’d think Britain’s growing national debt won’t have any consequences, says Merryn Somerset Webb – despite history suggesting otherwise.

The message from the Budget: this one’s for the little people

The Budget contained very little of interest, says John Stepek. But it did point to where we’re heading politically – and that’s in a direction that should worry investors.

Pensions are for your retirement, not for a rainy day

The point of saving into a pension is that you can’t get the money until you retire. The chancellor should resist the temptation to relax the rules on early access.

Here’s what to expect from today’s Budget

John Stepek gives a rundown on Philip Hammond’s Budget later today, and how it might affect your pocket.

Business must battle the Green surge

The Greens are riding high in the polls, says Matthew Lynn. It’s time for business to face up to that challenge.

Good news for everyone as housebuilding finally enters the 21st century

Until now, there has been precious little sign of automation in the housebuilding sector. But that’s now changing, says Merryn Somerset Webb.

Watch out for next week's Budget

The Chancellor will be on the hunt for more money in next week’s Budget, says Merryn Somerset Webb. There’s every chance he could come knocking at your door.

Why higher taxes look inevitable

Britain’s public finances were dealt a vicious blow by the financial crisis of 2008. We’ve come a long way since then, says Simon Wilson – but meeting the government’s goals will require higher taxes.

Scrapheap beckons for Universal Credit

Tories’ big welfare reform is set to be ditched. Matthew Partridge reports.

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