World2 sources
UK Government Borrowing Rises to £24.5bn Ahead of Budget
- The UK government's budget deficit was £24.5bn in September, higher than expected.
- The government paid £10.9bn in debt interest, the highest September figure since records began.
- Rising inflation contributed to the increased interest on government debt.
- The figures were released ahead of John Healey's first budget on October 28.
- The higher borrowing adds pressure on Healey before the upcoming budget.