POLITICSFINANCIAL TIMES WORLD
UK borrowed more than expected in May
The UK borrowed more than expected in May, resulting in a £23.3bn deficit. This highlights the financial challenges Andy Burnham may face if he becomes prime minister.
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- UK borrowing costs fall and pound rises as Starmer says he will remain as PM
- With Keir Starmer premiership on the brink, British government debt tumbles further
- UK undershoots annual borrowing target by £700m
- UK borrowing costs hit highest since 1998 amid Starmer uncertainty
- UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill