Government borrowing in June higher than expected

Government borrowing was higher than expected in June, according to the latest official figures.Borrowing – the difference between public sector spending and income from taxes – was £14.5bn, down £3.2bn from the year before and the lowest figure for June since 2019.However, the figure was about £3bn more than economists had forecast.The total amount of government debt remains at levels last seen in the early…