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UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget
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Guardian Politics
UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget
July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier
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The UK government ran a larger than expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first budget.
City economists had expected a shortfall of zero for July, a month when Treasury receipts tend to be swollen by self-assessment inco…
21 Aug, 06:34
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