Figure of £151.9bn more than £20bn higher than previous financial year, adding to pressure on Rachel ReevesBusiness live – latest updatesBritain entered the economic shock from Donald Trump’s trade wars with government borrowing having overshot official forecasts by almost £15bn in the most recent financial year.Adding to the pressure on the chancellor, Rachel Reeves, the Office for National Statistics said borrowing in the financial year ending in March was £151.9bn, more than £20bn higher than in the previous financial year. Continue reading...
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