UK government borrowing falls but debt interest payments hit December record – business live

UK government borrowing falls but debt interest payments hit December record – business live - short news


Rolling coverage of the latest economic and financial news

UK borrowed £16.8bn in December, less than economists expectedFourth-highest December borrowing on recordInterest payments on central government debt were £8.1bn, a December recordHigher inflation pushed up debt repayment costsUS stock markets see another wild day amid concerns over Fed and Ukraine

On the public finances, Chancellor of the Exchequer, Rishi Sunak says:

“We are supporting the British people as we..


Read more on The Guardian

source: The Guardian - 25.01.2022

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