UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill

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UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill

Figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bn Business live – latest updatesThe UK borrowed more than expected in April as high inflation drove up the cost of pensions and benefits, amid concern over the Iran war and political uncertainty...

Government borrowing Tax and spending Business Economics Rachel Reeves Inflation US-Israel war on Iran UK news Office for National Statistics Office for Budget Responsibility Bonds Gilts SEC

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