The absence of Trump and other leaders risks undermining the credibility of the first G20 and its summit in Africa.
Day: November 21, 2025
October figures represent final snapshot of public finances before Rachel Reeves’s tax and spending statement
The UK government borrowed more than expected in October, official figures show, in the final snapshot of the public finances before Rachel Reeves’s crunch budget.
The Office for National Statistics said the government borrowed £17.4bn last month. That was lower than the same month last year, but still marked the third highest October deficit in the public finances on record. It is also higher than the £15bn City economists had forecast.
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Quarterly cap for a dual fuel energy bill will increase to £1,758, from £1,755 the current quarter
Millions of households across Great Britain will receive a rise in their energy bills from January, after the industry regulator announced a surprise increase in gas and electricity costs.
The energy regulator, Ofgem, said on Friday that the quarterly price cap will rise by 0.2% a year for the average annual dual fuel energy bill to £1,758 covering January to March, from £1,755 the current quarter.