UK government borrowing blows past forecasts as debt interest surges

UK government borrowing has surged far beyond expectations, as rising debt interest costs and market turmoil push the public finances under increasing strain and heap pressure on the Labour government. The government borrowed £14.3 billion in February, well above the £8.5 billion forecast by analysts and the £7.4 billion expected by the Office for Budget … Continue reading UK government borrowing blows past forecasts as debt interest surges