TODAY'S TOP STORIES

UK Budget Shortfall Overshoots Estimate

UK government borrowing increased more than expected and also exceeded the official estimate in August, adding pressure on Chancellor Rachel Reeves ahead of the November budget.

Public sector net borrowing increased GBP 3.5 billion from the last year to GBP 18.0 billion in August, the Office for National Statistics said Friday.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by Renju Jaya

For comments and feedback: contact editorial@rttnews.com

More TODAY'S TOP STORIES