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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

UK government borrowing hits record in February amid energy bills support

A smart energy meter with bank notes and coins in a home in London
The government is spending about £1,500 a household to pay just under half of people’s energy bills this winter. Photograph: Tolga Akmen/EPA

UK government borrowing rose last month to the highest February deficit on record, largely because of spending on support schemes to help households and businesses with spiralling energy bills.

The government borrowed £16.7bn in February, £9.7bn more than a year earlier and the highest February borrowing since monthly records began 30 years ago, according to the latest figures from the Office for National Statistics.

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