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

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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.

 

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