UK government borrowing rises to £24.5bn as John Healey prepares for budget

Economy The Guardian By Heather Stewart Economics editor 21 Oct 2026 06:48 1 min read
UK government borrowing rises to £24.5bn as John Healey prepares for budget

Government paid £10.9bn in debt interest, the highest September figure since records began Business live – latest updates The Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government debt, increasing pressure on John Healey before his budget next week. Official figures show the government paid £10.9bn in debt interest: the highest September figure since records began, and only the eighth time the monthly number has b

Official figures show the government paid £10.9bn in debt interest: the highest September figure since records began, and only the eighth time the monthly number has been above £10bn.

Continue reading...

Read the full story on The Guardian → Opens the original article on www.theguardian.com

Summary aggregated from The Guardian's public RSS feed. The full reporting belongs to The Guardian — please read it on their site.