Official data shows borrowing – the difference between spending and tax take – reached £16.6bn last month. Read More
Britain’s government again borrowed more than expected last month, according to official data released on Wednesday that highlighted the tight … Read…
U.K. public sector net borrowing rose to £3.1 billion ($4.037 billion) in July, up by £1.8 billion the previous year,…
To fill this gap it either borrows money, raises taxes, or cuts spending. To borrow money the UK government sells…
“From the financial crisis to Russia’s invasion of Ukraine, Britain has borrowed and spent its way out of every jam.…