UK borrowing surges over forecasts in May as government spending rises – business live - short news
Rolling coverage of the latest economic and financial news
Emeritus professor Joe Nellis, economic adviser at MHA, warns that the UK public finances are “not in comfortable territory”, after borrowing jumped by £5.4bn year-on-year last month:
Public sector net borrowing came in at £23.3bn in May, showing the continuing pressure on the UK’s public finances and the difficult choices that lie ahead for the government and the Treasury for the rest of this financial..
source: The Guardian - 19.06.2026