Demand destruction fears rise after Iran war drove up oil and gas prices; UK government borrowing jumps – business live

Demand destruction fears rise after Iran war drove up oil and gas prices; UK government borrowing jumps – business live - short news


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Britain’s government borrowed more than expected last month, new data shows.

The difference between total public sector spending and income widened by £2.2bn year-on-year in February, to £14.3bn.

“Borrowing was higher than the same month last year and was the second-highest February figure on record. While receipts were up on last year, that was outweighed by a rise in spending, including the later timing of..


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source: The Guardian - 20.03.2026

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