UK Government · Department
HM Treasury
The Ultimate Power Centre. Controls the nation's finances — every other department answers to the Treasury for money.
Secretary of State
R
Rachel Reeves
Secretary of State
Live Economic Data
CPI Inflation
...
● live
Bank Rate
3.75%
Nat. Debt
93% GDP
Borrowing
£133bn
GDP Growth
1.1%
Debt/GDP
95%
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The Street View
With inflation at 2.3%, national debt at 93% of GDP and energy bills still high, most people feel they are working harder for less. The tax trap — frozen thresholds dragging millions into higher rates — is the biggest grievance on the street right now.