UK borrows £18bn in August, higher than expected

By Channel 4 News

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The UK borrowed £18.3 billion last month, higher than expected. [Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe] Figures from the Office for National Statistics showed that net borrowing was £3.5 billion higher than the Government's independent forecaster had predicted. Inflation in August was at its highest rate for five months, driven up by the rising cost of petrol and diesel. ------- Get more news at our site - https://www.channel4.com/news/ Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe Follow us: TikTok - https://www.tiktok.com/@c4news Instagram - https://www.instagram.com/channel4news/ Twitter - https://twitter.com/Channel4News Facebook - https://www.facebook.com/Channel4News/

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