Chancellor's Budget woes deepen as borrowing surges above expectations even before impact of latest Iran energy spike

The public sector borrowed £18.3billion last month, up around a fifth on August 2025, as rising tax revenues failed to keep pace with Labour's spending.

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Sep 22, 2026 - 07:54
Chancellor's Budget woes deepen as borrowing surges above expectations even before impact of latest Iran energy spike
The public sector borrowed £18.3billion last month, up around a fifth on August 2025, as rising tax revenues failed to keep pace with Labour's spending.
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