Chancellor tightens borrowing rules

Chancellor Rishi Sunak delivers his 2021 Autumn Budget and Spending Review

James Baxter-Derrington
clock • 2 min read
Chancellor Rishi Sunak
Image:

Chancellor Rishi Sunak

Chancellor Rishi Sunak has reintroduced restrictions on government borrowing after temporarily suspending them as a result of coronavirus, in the first multi-year spending review since 2015.

Speaking as part of the Autumn Budget 2021, Sunak pointed to figures from the Office for Budget Responsibility (OBR), which revised the UK growth rate forecast upwards in 2021 to 6.5% from the 4% p...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Will AI devour my pension?

News Digest: Will AI devour my pension?

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 November 2025 • 1 min read
Fiduciary mandates decline as DB market matures and insurance transactions 'surge'

Fiduciary mandates decline as DB market matures and insurance transactions 'surge'

Isio says buy-ins have more than doubled year-on-year

Holly Roach
clock 19 November 2025 • 2 min read
UK inflation drops to 3.6% in October

UK inflation drops to 3.6% in October

Industry warns wider economic backdrop remains 'fragile' ahead of Autumn Budget

Linus Uhlig
clock 19 November 2025 • 3 min read
Trustpilot