The Guardian BusinessmacroeconomiaNEUTRALMEDIUM

UK borrows £18bn in August, putting pressure on Healey before budget

Some economists say it is now ‘inevitable’ that chancellor will need to raise taxes in the budget next month The UK government borrowed a higher-than-expected £18.3bn last month, increasing the pressure on John Healey as he attempts to calm jittery bond markets before next…

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