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UK government borrowing rises to £24.5bn as John Healey prepares for budget

Government paid £10.9bn in debt interest, the highest September figure since records began

The Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government debt, increasing pressure on John Healey before his budget next week.

Official figures show the government paid £10.9bn in debt interest: the highest September figure since records began, and only the eighth time the monthly number has been above £10bn.

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© Photograph: Kirsty O’Connor/Treasury

© Photograph: Kirsty O’Connor/Treasury

© Photograph: Kirsty O’Connor/Treasury

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This Shouldn’t Be Normal

Endless illegal immigration, unaffordable energy, draconian speech policing – we're being conditioned to accept outrageous things as normal, says Nick Rendell. Now add to that economic crashes.

The post This Shouldn’t Be Normal appeared first on The Daily Sceptic.

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