UK borrows more than expected as impact of Iran war takes toll
May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leaderBusiness live – latest updatesUK politics – live updatesThe UK borrowed a higher-than-expected £23.3bn in May amid the economic fallout from the Iran war, underlining the fiscal pressures facing Andy Burnham if he takes over as the Labour leader.In figures released shortly after Burnham’s victory in the Makerfield byelection, the Office for National Statistics (ONS) said public sector net borrowing – the...
Original Source
Read the full article at Theguardian →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.