UK government borrowing exceeds expectations in last fiscal year

Labour Government borrows almost £15bn more than expected

The Labour Government borrowed almost £15 billion more than forecast in the last financial year, according to official figures ...

UK Government borrowing exceeds forecast as tariffs to weigh on public purse

The latest figures from the Office for National Statistics show public sector net borrowing rose to £151.9 billion in the year to the end of March. UK Government borrowing hit the second-highest level in a decade last year, according to official figures, increasing pressure on public finances as US President Donald Trump’s tariffs pose a threat to economic growth. Economists said the Government ended the year on a “poor footing” while hurtling t…

New tax rises warning as borrowing jumps in UK hit by Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March - equal to £95,300 per household

Government borrowing reaches third-highest yearly level since records began amid increasing benefits bill

The government borrowed more than expected in the last financial year, official figures show.

UK borrowing was £14.6bn more than expected in year to March

Increase suggests further tax rises or spending cuts from Rachel Reeves may be necessary

Higher pay and benefits drives government borrowing higher

The government borrowed £151.9bn in the year to March, which marked the third highest on record.