Tag Archives: treasury

That will take total government borrowing to £2.3 trillion. The interest payments on the stock of government debt will be about £7.5 billion, which takes the total for the year to April to £71.5 billion. It is rising due to increases in RPI inflation, to which index-linked gilts are pegged. …

GMB Union has launched a Judicial Review against the Treasury over its use of the cost control mechanism on public sector pension schemes. The announcement comes amid similar moves by the British Medical Association (BMA) and Fire Brigades Union (FBU). GMB claimed that, since 2015, more than four million people …