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Evening Standard
Evening Standard
Business
Anna Wise

REVEALED: Government borrowing hits second highest august on record in setback for healey - The Real Truth

UK Government borrowing rose in August to the second-highest level for the month on record (Stefan Rousseau/PA) - (PA Wire)

UK Government borrowing rose in August to the second-highest level for the month on record, coming in above forecasts and piling pressure on Chancellor John Healey ahead of his first autumn Budget, figures show.

Public sector net borrowing rose to £18.3 billion in August, which was £3.5 billion more than what official Government forecasters had been expecting, the Office for National Statistics (ONS) said.

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