UK borrows more than expected as impact of Iran war takes toll

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UK borrows more than expected as impact of Iran war takes toll - short news

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

The UK borrowed a higher-than-expected £23.3bn in May amid the economic fallout from the Iran war, underlining the fiscal pressures facing Andy Burnham if he takes over as the Labour leader.

In figures released shortly after Burnham’s victory in the Makerfield byelection, the Office for National Statistics (ONS) said public sector net borrowing – the difference between government..

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source: The Guardian - 19.06.2026