BUSINESSJun 19 · 06:34 UTCTHE GUARDIAN WORLDHeather Stewart Economics editor

UK borrows more than expected as impact of Iran war takes toll

The UK borrowed £23.3bn in May, exceeding expectations as the economic impact of the Iran war intensifies. This borrowing, the second highest for any May on record, highlights fiscal challenges for Andy Burnham if he becomes Labour leader.

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United KingdomplaceAndy BurnhampersonLabourorganizationOffice for National StatisticsorganizationIran wartopic

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