Government borrowing higher than expected in June
Source: BBC
UK government borrowing rose by more than expected last month following a big increase in debt interest payments.Borrowing - the difference between public spending and tax income - was £20.7bn in June, up £6.6bn from the same month last year, the Office for National Statistics (ONS) said.The UK statistics body said higher spending on public services and debt interest payments outstripped revenue from other taxes…
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