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Government borrowing rises by a fifth to £18bn in August

Borrowing was higher than expected in August as inflation piles pressure on the government ahead of the Budget.

Horizons Middle East & Africa 9/22/2026 (Video)

Government borrowing rises by a fifth to £18bn in August

Borrowing was higher than expected in August as inflation eats into the government's pre-Budget headroom.

UK borrows £18bn in August, putting pressure on Healey before budget

Higher-than-expected figure will make chancellor’s aim of calming jittery bond markets more difficultBusiness live – latest updatesThe UK government borrowed a higher-than-expected £18.3bn last month, increasing the pressure on John Healey as he attempts to calm jittery bond markets before next month’s budget. Official figures released by Office for National Statistics on Tuesday said public sector net borrowing – the difference between government spending and income – was £2.9tn higher last...