Published by Benjamin Chiou on 19th September 2025
(Sharecast News) - The UK government borrowed more than expected last month, official figures show, adding to pressure on the Treasury in the run-up to the autumn budget. Figures from the Office for National Statistics (ONS) showed public sector net borrowing - the difference between public spending and income - rose to £18bn in August, £3.5bn more than in the same month a year earlier. The reading was above City predictions for a deficit of £12.75bn and forecasts from the Office for Budget Responsibility of £12.5bn. - The Guardian