Friday, August 21

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Markets France's contraction deepens as services weaken and the ECB leans the other way Economy The Panama Canal is rationing transits again as a record El Niño builds Crypto The MANTRA chain froze itself, and its token hit a record low Economy UK borrowing overshoots by £2.3 billion in July, tightening the vise on Healey's first Budget Personal Finance Mortgage rates slip to 6.65%, but borrowers still pay more than a year ago Tech Nevada clears 8,000 robotaxis for Las Vegas, and Tesla says it will not fill its share Economy Evergrande's founder gets life in prison as China closes the book on its property bust Companies Samsung is set to hand back more than $70 billion as AI memory profits pile up Markets France's contraction deepens as services weaken and the ECB leans the other way Economy The Panama Canal is rationing transits again as a record El Niño builds Crypto The MANTRA chain froze itself, and its token hit a record low Economy UK borrowing overshoots by £2.3 billion in July, tightening the vise on Healey's first Budget Personal Finance Mortgage rates slip to 6.65%, but borrowers still pay more than a year ago Tech Nevada clears 8,000 robotaxis for Las Vegas, and Tesla says it will not fill its share Economy Evergrande's founder gets life in prison as China closes the book on its property bust Companies Samsung is set to hand back more than $70 billion as AI memory profits pile up

Topic: budget

The Palace of Westminster on the bank of the River Thames in London

Friday, 8/21, 03:46 AM

UK borrowing overshoots by £2.3 billion in July, tightening the vise on Healey's first Budget

Britain borrowed £1.8 billion in July, £2.3 billion more than the Office for Budget Responsibility had pencilled in for a month that self-assessment tax receipts usually flatter.
Public sector net debt stands at £2,984.9 billion, or 94.1% of GDP, and the July figures land ten weeks before Chancellor John Healey's first Budget on October 28.

budget — news and stories on this topic

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