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Public sector finances, UK: May 2026
Borrowing - the difference between total public sector spending and income - was £23.3 billion in May 2026; this was £5.4 billion (30.4%) more than in May 2025, and £5.6 billion more than the £17.7 billion forecast by the Office for Budget Responsibility (OBR). Central government debt interest payable was £11.7 billion in May 2026; this was £4.1 billion (54.4%) more than in May 2025 and the highest in any May on record (not adjusted for inflation). Borrowing in the financial year (FY) to May 2026 was £46.3 billion; this was £8.9 billion (23.9%) more than in the FY to May 2025, and £7.7 billion more than the ... (full story)
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- Jun 19, 1:06am | 5 hr ago Posted by
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