UK borrowing rises more than expected, putting pressure on Rachel Reeves

Rachel Reeves has faced growing demands to consider introducing a wealth tax. Photograph: Tolga Akmen/EPA

The UK government borrowed more than expected in June amid speculation the chancellor, Rachel Reeves, will need to raise taxes at the autumn budget to repair the public finances.

Figures from the Office for National Statistics (ONS) showed public sector net borrowing rose to £20.7bn, up by £6.6bn from the same month a year earlier, to reach the second-highest June borrowing figure since monthly records began in 1993.