Fresh pressure for Rachel Reeves as Britain’s eye-watering debt hit £23BILLION last month

GOVERNMENT borrowing rose to a higher-than-expected £23.3billion last month as debt interest costs surged to a record May high in a fresh blow to Labour. Public sector borrowing was £23.3billion in May 2026. That is £5.4billion (30.4%) more than in May 2025, and the highest since the same month in 2020. The figure is also...