Public sector net borrowing reached £18.3 billion in August, the second-highest on record for the month, as rising debt interest costs and a deteriorating fiscal outlook intensify pressure on Chancellor John Healey ahead of the Budget.
UK Borrowing Hits £18.3bn in August as Debt Costs Squeeze Budget
Public sector net borrowing reached £18.3 billion in August, the second-highest on record for the month, as rising debt interest costs and a deteriorating fiscal outlook intensify pressure on Chancellor John Healey ahead of the Budget.
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