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…
The Guardian reports: 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 first budget next Wednesday.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include John Healey, UK and Business.
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Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- John Healey, UK, Business, Treasury
- Section
- Business
- Figure cited
- 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. (The Guardian)
Sources
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