Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Politics
Nicholas Cecil

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

Rachel Reeves faces having to raise taxes at the autumn Budget after borrowing jumped in the UK hit by Donald Trump’s tariffs, economists are warning.

Official figures showed the Government borrowed more than expected for the latest financial year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.