The Latest Breaking News from Jagjit Chadha

More pain for Reeves as government borrowing cost nears 27-year high

Chancellor is urged to ‘get a grip’ on country’s finances as yield on 30-year bond rises to 5.62%

The Guardian - UK · Aug 26, 2025

UK recovery ‘will accelerate and force Bank to keep interest rates higher for longer’

Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year

The Guardian - UK · Aug 6, 2024

Let’s stop kidding ourselves we’re a rich nation and get real… the UK’s gone bust

Britain depends on the kindness of strangers to get by in the world. It doesn’t have to be like this

The Guardian - UK · Aug 13, 2023

Boris Johnson has left the UK economy in a parlous state

Analysis: If Johnsonomics stands for anything, it is a lack of plan or vision to address Britain’s economic woes

The Guardian - UK · Jul 8, 2022

Rishi Sunak blamed for wasting £11bn of taxpayer cash servicing government debt

The institute's director, Professor Jagjit Chadha, said that Rishi Sunak's actions had left the country with "an enormous bill and heavy continuing exposure to interest rate risk".

Daily Record · Jun 10, 2022

Rishi Sunak accused of wasting £11bn of taxpayer cash in 'jaw-dropping' debt interest row

The Tory Chancellor was accused of failing to get insurance against interest rates rising on £900bn of reserves. Downing Street said the claims were 'simply not true'

Daily Mirror · Jun 10, 2022

Sunak accused of squandering £11bn in debt interest payments

The National Institute of Economic and Social Research said the Chancellor failed to insure against the risk of rising interest rates.

The Independent UK · Jun 9, 2022

Further 250,000 UK households face destitution in 2023, warns NIESR

Thinktank calls for urgent £25-a-week UC uplift and £250 one-off payment to cushion poorest from inflation

The Guardian - UK · May 11, 2022