UK borrowing higher than forecast in June as debt interest costs soar

NAMPA / DPA
2025-07-22
London (PA Media/dpa) - UK Chancellor Rachel Reeves is facing further pressure over public finances after official figures showed higher-than-expected government borrowing last month due to soaring debt interest payments. The Office for National Statistics (ONS) said June borrowing rose to £20.7 billion ($27.8 billion) last month - £6.6 billion higher than a year earlier and the second highest June borrowing since records began, only behind that......
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