Government borrowing in August highest since Covid
Briefly

Government borrowing in August rose to 13.7 billion, the highest since the pandemic, driven by increased spending despite growth in tax income.
The UK's national debt remains at 100% of economic output, a level not seen since the early 1960s, as the government grapples with financial pressures.
Economic growth is crucial; it is the only 'good' solution to address high national debt, as alternatives tend to be painful in both short and long terms.
The government plans to raise taxes while adhering to its manifesto promise to not increase the tax burden on working people.
Read at www.bbc.com
[
|
]