National Debt
U.S. Budget Deficit Nears $2 Trillion in Fiscal 2026, Treasury Reports
Driven by net interest payments over $1 trillion and billions in tariff refunds, the U.S. federal budget deficit climbed to $1.99 trillion for fiscal year 2026.
Britain's Debt Crisis in Statejacket Report Calls for State Reshaping
A major Ukonward report warns that Britain faces severe financial risk due to an overmighty statejacket, surging national debt, and collapsing NHS dentistry.
British Chambers of Commerce calls for scrapping state pension triple lock
The British Chambers of Commerce has proposed scrapping the state pension triple lock on affordability grounds as government welfare spending climbs.
US Treasury to double long-term bond buybacks as debt hits 40 trillion
The US Treasury is doubling its long-term bond buybacks as the national debt surpasses $40 trillion, seeking to signal market stability amid rising yields.
UK Prime Minister Andy Burnham scraps electricity tax to spark growth
U.K. Prime Minister Andy Burnham has announced the removal of the tax on home electricity to provide cost-of-living relief. The government will fund this by cancelling plans for a digital ID to maintain fiscal discipline.