Finances

• The House of Commons Library has released updated economic indicators focusing on UK government borrowing and debt. • Public sector net financial liabilities (PSNFL), a key metric for the government's wider financial balance sheet, reached 83.6% of GDP by the end of April 2026. • These indicators are critical as they track the government's progress toward specific fiscal targets and overall financial stability.

Property portfolio in spotlight as Reform UK leader faces official inquiry over money accepted from billionaireA week ago, Nigel Farage was toasting Reform UK’s successes in the May elections, and bragging about his prospects of becoming prime minister.But there is a saying about a week in politics – and it has been a long seven days for the party leader, who is now facing questions over a £5m gift and his extensive property portfolio. Continue reading...