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Public sector finances, UK: June 2025
Borrowing - the difference between total public sector spending and income - was £20.7 billion in June 2025; this was £6.6 billion more than in June 2024 and the second-highest June borrowing since monthly records began in 1993, after that of June 2020. The interest payable on central government debt was £16.4 billion in June 2025, largely because the interest payable on index-linked gilts rises and falls with the Retail Prices Index; this was £8.4 billion more than in June 2024 and the second-highest June central government interest payable since monthly records began in 1997, after that of June 2022. Borrowing ... (full story)