Home Business & Finance UK borrows £18bn in August, putting pressure on Healey...
Business & Finance

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

Key Points

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...

Higher-than-expected figure will make chancellor’s aim of calming jittery bond markets more difficult

The 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 month than in August 2025.

Continue reading...
UK (LOCATION) Healey (ORG) John Healey (PERSON) Office for National Statistics (ORG)
Originally published by The Guardian Politics Read original →