Rise in UK borrowing narrows budget options for new govt …C0NTINUE READING HERE >>>
UK finance minister Rachel Reeves will unveil her first budget on October 30.
Photo: Jonathan Brady / POOL/AFP
Source: AFP
UK government borrowing jumped by far more than expected in July, official figures showed Wednesday, stoking fresh anxiety for the new Labour government ahead of its first budget in just over two months.
Finance minister Rachel Reeves has already warned of “difficult decisions” over whether to cut spending or hike taxes on October 30, and the latest numbers will do…
>