Government borrowing in June higher than expected

Business LIFESTYLE


Government borrowing was higher than expected in June, according to the latest official figures.

Borrowing – the difference between public sector spending and income from taxes – was £14.5bn, down £3.2bn from the year before and the lowest figure for June since 2019.

However, the figure was about £3bn more than economists had forecast.

The total amount of government debt remains at levels last seen in the early 1960s, the Office for National Statistics (ONS) said.

https://www.bbc.com/news/articles/cgxqzp2zdw4o,





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