Brown would breach 'golden rule', finds report
News Article 25 April 2005
The economy is currently strong but problems await the incoming government, according to the Ernst & Young ITEM Club.
Brown defends forecasts after attack
News Article 22 April 2005
The chancellor has been forced to defend his economic forecasts following fresh predictions that he would have to raise taxes in a Labour third term.
Budget 2005: The economy
News Article 16 March 2005
The chancellor has defended the state of the public finances amid criticism of a future fiscal "black hole".
Brown set for 50-year bonds
Press Review 11 March 2005
The FT reports that Britain and Germany could follow France's lead and issue borrowing bonds of up to 50-years.
Brown 'should amend golden rule'
Press Review 4 March 2005
Gordon Brown should alter his golden rule so that he aims to make a surplus over the next economic cycle, professional services firm PricewaterhouseCoopers has said.
Accounting error hands Brown extra £3bn
Press Review 1 March 2005
A statistical revision yesterday handed Gordon Brown a Budget boost of around £3 billion.
Accounting error hands chancellor £2.1bn
News Article 28 February 2005
A change in the way government statistics are calculated has handed the chancellor a windfall of over £2 billion.
EU call for Brown to balance budget
Press Review 17 February 2005
EU economic affairs commissioner Joaquin Almunia has called on the chancellor to move towards a balanced Budget next month.
Blair thanks Brown for economic 'blessing'
News Article 8 February 2005
The prime minister has insisted the Treasury is on course to meets it targets and denied the government will need to raise taxes.
New warning on Brown's borrowing
Press Review 31 January 2005
Chancellor Gordon Brown has received another warning about levels of government borrowing.
New warning on government tax forecasts
News Article 27 January 2005
A committee of MPs has given Gordon Brown his second warning within 24 hours about official forecasts for tax revenue.
Labour 'needs £11bn tax rise'
News Article 26 January 2005
Labour has been pushed onto the back foot by a heavyweight report suggesting taxes will have to rise by £11 billion to pay for the government's spending plans.
Brown's treasury deep in the red
Press Review 21 December 2004
Official figures have revealed record borrowing by Gordon Brown last month.
Brown firm on 'golden rule'
Press Review 17 December 2004
Gordon Brown has said the government will meet his self-imposed rules on public borrowing.
Brown faces grilling on public finance 'blackhole'
News Article 15 December 2004
Gordon Brown is facing questions from MPs on whether the predictions he made about the economy in the pre-Budget report are reliable.
