UK debt servicing costs hit record, but borrowing falls as economy reopened – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

UK government borrowing fell in June as economy reopened, but debt interest payments rose – business live

Here’s Sky’s News’ take on today’s UK borrowing figures. Britain spent a record £8.7bn in interest payments on central government debt last month, official figures show. The figure was £6bn higher than at the same time last year largely because nearly half a trillion pounds worth of government bonds are linked to inflation, which has been rising.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

horrible

Ireland Ireland Latest News, Ireland Ireland Headlines