Saturday, 7 November 2026

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UK borrows £18bn in August, putting pressure on Healey before budget

Some economists say it is now ‘inevitable’ that chancellor will need to raise taxes in the budget next monthBusiness live – latest updatesThe UK government borrowed a higher-than-expected £18.3bn last month, increasing the pressure on John Healey as he attempts to calm jittery bond markets before next month’s budget.Some economists said it was “inevitable” that the chancellor would need to…

Some economists say it is now ‘inevitable’ that chancellor will need to raise taxes in the budget next monthBusiness live – latest updatesThe UK government borrowed a higher-than-expected £18.3bn last month, increasing the pressure on John Healey as he attempts to calm jittery bond markets before next month’s budget.Some economists said it was “inevitable” that the chancellor would need to…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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