UK borrowing reaches five-year high for September at £20.2bn
NegativeWorld Affairs

UK borrowing has surged to a five-year high of £20.2 billion for September, driven by increasing debt interest and welfare costs. This significant rise in public finances poses challenges for the upcoming budget by Rachel Reeves, highlighting the urgent need for effective fiscal strategies. As the government grapples with these financial pressures, it raises concerns about future tax implications and economic stability, making it a critical issue for both policymakers and citizens.
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