
BBC NewsSig. 6NewsEconomyPolitics
Government borrowing rises by a fifth to £18bn in August
UK government borrowing rose to £18.3bn in August, almost a fifth higher than a year earlier, as inflation increased spending and debt interest costs reached their highest August level since 1997. The figures put pressure on the Chancellor ahead of the Budget, with economists warning of a difficult fiscal backdrop and the Treasury stressing fiscal discipline.










