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Politics · 21 July 2026

Government borrowed £16 billion last month

Government borrowed £16 billion last month

Photo by Marcin Nowak on Unsplash

The UK government borrowed £16 billion last month, £7.9 billion less than June last year. June's £16 billion figure was also slightly below the £16.3 billion forecast by the Office for Budget Responsibility. Total debt remains near £3 trillion, a sum almost equivalent to the UK's entire annual economic output.

Reported by BBC · How we write briefs

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