Government borrowing remains at highest since pandemic

2 hours ago 1

Government borrowing is astatine its highest since the pandemic owed to nationalist assemblage wage rises and the precocious outgo of borrowing, authoritative figures show.

Last period had the 3rd highest September borrowing connected record, coming lone down 2020 and 2021, according to information from the Office for National Statistics (ONS).

While much wealth came successful from tax, it was outweighed by accrued spending which the ONS said was partially owed to higher involvement rates connected the indebtedness and nationalist assemblage wage rises.

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