Mortgage borrowing reaches record £11.8billion high in a month

Mortgage borrowing reaches record £11.8billion high in a month as housing market is fuelled by stamp duty holiday and low mortgage rates Figures show net mortgage borrowing is at the highest since records began Housing experts say home owners are taking advantage of low mortgage rates  The break from stamp duty is also sending borrowing … Read more

Mortgage borrowing reaches record £11.8billion high in a month

Mortgage borrowing reaches record £11.8billion high in a month as housing market is fuelled by stamp duty holiday and low mortgage rates Figures show net mortgage borrowing is at the highest since records began Housing experts say home owners are taking advantage of low mortgage rates  The break from stamp duty is also sending borrowing … Read more

Government breaks ANOTHER borrowing record in February

Rishi Sunak vows to balance the books as Government breaks ANOTHER borrowing record with £19.1billion racked up in February and UK’s national debt hitting £2.13TRILLION Borrowing was £19.1billion in February the highest on record for the month Rishi Sunak insisted he will return public finances to a more sustainable path  The UK’s debt mountain has … Read more

Gwyneth Paltrow says she and daughter Apple Martin, 16, love borrowing from each other’s closets

Gwyneth Paltrow has a total mini-me with 16-year-old daughter Apple Martin. The actress-turned-wellness mogul, 48, opened up about her connection to her eldest child during an appearance on People (The Show!), revealing they definitely share the same fashion sense. ‘Apple borrows from my closet. Although I did take a hoodie from her about two weeks … Read more

Gatwick increases its Government borrowing by £75m

Gatwick increased its Government borrowing by £75m over the last week to shore up its finances during the extended travel shutdown By Harriet Dennys, Financial Mail On Sunday Published: 21:51 GMT, 23 January 2021 | Updated: 21:51 GMT, 23 January 2021 Gatwick Airport increased its Government borrowing by £75million over the last week to shore … Read more

Government borrowing soared to £34.1BILLION in December

Government borrowing soared to £34.1BILLION in December the third highest monthly figure EVER amid growing fears over the £2.1TRILLION debt mountain Government borrowing £34.1billion in December, third highest month on record  The UK’s debt pile hit £2.13trillion at the end of the year, 99.4 per cent of GDP  Total borrowing April-December was highest since records … Read more

UK borrowing soars to £241bn so far this year

Borrowing soars to £241bn so far this year as Government strains to prop up Britain’s Covid-hit economy By Matt Oliver For The Daily Mail Published: 22:08 GMT, 22 December 2020 | Updated: 22:26 GMT, 22 December 2020 The brutal cost of the coronavirus crisis has pushed Government borrowing to almost £241billion so far this year. … Read more

Rishi Sunak warns against letting UK’s huge borrowing continue

Rishi Sunak gives fresh hint of looming tax rises saying letting UK’s huge borrowing carry on would be ‘morally, economically and politically’ wrong Rishi Sunak has warned about dangers of accepting borrowing as fact of life The Chancellor said it would be ‘morally, economically and politically’ wrong Comments are the latest hint of tax hikes … Read more

Britain’s Covid borrowing bill set to hit half a TRILLION this year

Britain’s £500,000,000,000 borrowing binge: UK Covid bill set to hit half a TRILLION this year By Daily Mail City & Finance Reporter Published: 21:51 GMT, 2 November 2020 | Updated: 21:51 GMT, 2 November 2020 Government borrowing is set to balloon to a record £500billion this year as fresh lockdowns slam the economy into reverse. … Read more

Government borrowing hit £36BILLION in September the third-highest in any month since records began

Government borrowing hit £36BILLION in September the third-highest in any month since records began By Dan Sales For Mailonline Published: 07:17 BST, 21 October 2020 | Updated: 07:17 BST, 21 October 2020 UK government borrowing has topped £36.1bn in September as heavy spending continued to support the economy during the coronavirus pandemic. It is £28.4bn … Read more