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UK OBR Raises Borrowing Forecast by £65 Billion

The OBR forecasts that UK government borrowing will be £65 billion ($86 billion) higher than previously predicted over the coming financial years.

Britain's government is expected to borrow £65 billion ($86 billion) more than previously predicted over the coming financial years, new forecasts from the independent Office for Budget Responsibility showed on Wednesday.The OBR revised up its forecasts for public sector net borrowing from 2026/27…