Fiscal Policy
OBR Warns Iran Conflict Could Deliver ‘Significant’ Hit to UK Economy as Gilt Yields Spike
The fiscal watchdog flagged Middle East tensions as a key risk to its forecasts as 10-year gilt yields jumped to 4.30% amid renewed inflation fears and energy market turmoil.
The £43,000 Question: How Britain’s Debt Burden Falls Heaviest on the Young
UK debt servicing now costs £111 billion annually—more than defence spending—while younger generations inherit a fiscal legacy they never created.
The Economics of Endurance: How Ukraine Financed Four Years of War
Four years into Russia's invasion, Ukraine's ability to sustain military operations rests on a financial architecture that redefined war finance—and exposed the limits of Western support.
UK Borrowing Falls as Reeves Delivers Post-Pandemic Fiscal Consolidation
Britain plans fastest deficit reduction in G7 as gilt issuance holds at £304 billion despite tighter fiscal stance.