Politics · 21 July 2026

Government borrowed £16 billion last month

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.

By BriefTea Editorial · 21 July 2026 at 9:03

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