UK debt servicing costs hit record, but borrowing falls as economy reopened – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

UK government borrowing fell in June as economy reopened, but debt interest payments rose – business live

Here’s Sky’s News’ take on today’s UK borrowing figures. Britain spent a record £8.7bn in interest payments on central government debt last month, official figures show. The figure was £6bn higher than at the same time last year largely because nearly half a trillion pounds worth of government bonds are linked to inflation, which has been rising.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

horrible

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PS5 stock UK - live: Very and Smyths PS5 consoles available nowWhere can you buy a PS5 today? Follow live for the latest PS5 restock UK updates from Amazon, John Lewis, Very, Smyths, AO and more
Source: The Independent - 🏆 80. / 59 Read more »

US warns against travel to the UK as CDC raises alert to 'highest level'THE US Government has warned its citizens against travelling to the UK amid concerns over rising COVID-19 cases. What does this mean for holidays?
Source: Daily Express - 🏆 26. / 68 Read more »

UK Covid live news: minister stresses people pinged by NHS app can choose not to isolateBusiness minister says instruction to isolate from NHS test and trace is legal requirement, but ping from the app is just advisory Very intelligent this, if I get pinged I’m isolating, I’m not listening to the government’s advise as we should not of eased most of the restrictions Then why bother with pinging anyone? Successfully undermining every mitigation left standing.
Source: The Guardian - 🏆 84. / 53 Read more »

Brits dance the night away in nightclubs from midnight as UK finally unlocksBRITS cheered and danced the night away as nightclubs finally flung open their doors from midnight to celebrate Freedom Day. Freedom-hungry punters who had queued outside clubs for hours downed pin… Crazy , personally wouldn't go near a night club or pub right now Your getting COVID in the morning
Source: TheSun - 🏆 64. / 61 Read more »

UK fintech sector hits multi-billion pound peak of investor interestBanking app Revolut has been valued at £24bn while Wise, the forex transfer business, has listed at nearly £9bn
Source: The Guardian - 🏆 84. / 53 Read more »

Bristol Bisons gay rugby player allowed to stay in UKKen Macharia feared for his safety in Kenya, where homosexuality is illegal. With the use of your cellphone and PC you can earn up to $103 every 24 hours, send me a direct message to know more about this amazing project ok but Hes a very nice gentleman :)
Source: BBCNews - 🏆 3. / 97 Read more »