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The Independent UK

National

Archie Mitchell

Government borrowing surges to higher than expected £3.1bn as Reeves under pressure to raise taxes

Rachel Reeves Office for National Statistics Darren Jones IFS

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Government borrowing surged by more than expected in July in a blow to Rachel Reeves as she prepares to deliver her first Budget.

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Government borrowing surges to higher than expected £3.1bn as Reeves under pressure to raise taxes

Support trulyindependent journalism

Support truly
independent journalism