UK borrows more than expected in July as Healey prepares for first Bu… | HappeningNow.news

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UK borrows more than expected in July as Healey prepares for first Budget

The UK government borrowed slightly more than expected in July, with the Office for National Statistics reporting £2.3 billion above the…

Source BBC Politics AI Summary Updated 22m ago
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The UK government borrowed slightly more than expected in July, with the Office for National Statistics reporting £2.3 billion above the Office for Budget Responsibility’s forecasts. The figures were released as Chancellor John Healey prepares his first Budget. The borrowing data reflects the latest fiscal performance ahead of the upcoming budget announcement.

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