UK government borrowing overshoots in August, UK deficit above forecast
UK borrowing exceeded expectations in August, pushing the financial-year-to-date deficit further above official forecasts and weighing on finance minister John Healey ahead of his first budget.
Britain's government borrowed more than expected in August, widening the deficit for the financial year so far further above official forecasts and adding to the pressure on finance minister John Healey ahead of his first budget. The Office for National Statistics (ONS) said on Tuesday r…