City AM
City AM
UK · 32 mins ago

Healey oversees unexpected deficit in first month as Chancellor

John Healey oversaw an unexpected deficit in public sector finances over his first month as Chancellor, according to new data. New figures released on Friday showed that government borrowing was at £1.8bn in July. Markets had expected the Office for National Statistics to show that there was no difference between expenditure and receipts in July. The…
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