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Explained in plain English

What is government borrowing?

Governments borrow money, often by selling bonds, to fund public services or big projects like housing and infrastructure. This story mentions the Finance Minister has 'room to borrow extra billions'. It's a way to invest in the country's future, but too much borrowing can lead to concerns about national debt.

Stories that explain this

Pound strengthens as the UK service sector returns to growth

This explainer came from a news story

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