The UK government generally spends more than it raises in tax. To fill this gap it borrows money, but that has to be paid ...

There has been no fiscal statement since Chancellor Rachel Reeves arrived at the Treasury which has failed to mention Liz Truss.

The UK is turning to a fund set up nearly 100 years ago to pay off a small slice of its national debt. The move will see more than £600million of government borrowing quietly wiped from the books ...