Articles on Budget

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The obligatory showing of the red briefcase containing budget details is as exciting as it gets in the U.K. Justin Tallis - WPA Pool/Getty Images

Shutdowns are as American as apple pie − in the UK and elsewhere, they just aren’t baked into the process

With hundreds of thousands of federal employees furloughed as part of the latest US government shutdown, a scholar explains why such events never occur in the UK.
France’s national debt has continued to grow over the last 30 years: from €663.5 billion in 1995 under then president Jacques Chirac (not pictured) to €3,345.4 billion in the second half of 2025 under current President Emmanuel Macron. Yoan Valat/Pool/AFP

French national debt under presidents Chirac, Sarkozy, Hollande and Macron: a look at the numbers

France’s government backs a budget aimed at cutting the national debt, but it may lack enough support in parliament. An economist looks at factors behind the debt’s recent climb.

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