News · 23 April 2026

UK government borrowed £700m less this year

UK government borrowing was lower than expected, a positive development for the chancellor. Authorities borrowed £132 billion for the year ending March, £700m below the OBR’s forecast. The total stood £19.8 billion less than the prior year, yet remains the sixth highest recorded.

By BriefTea Editorial · 23 April 2026 at 8:46

Reported by The Guardian · How we write briefs

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