UK government borrowing is second highest for May on record; retail sales slide – business live - short news
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We’re now two months into the financial year, and UK government borrowing is slightly lower than the fiscal watchog had forecast.
According to the Office for National Statistics, the UK has borrowed £37.7bn in April and May. That’s £1.6bn more than in the same period in 2024, but £2.9bn less than the £40.7bn forecast by the Office for Budget Responsibility (OBR).
Continue reading...source: The Guardian - 20.06.2025