UK borrows £18bn in August, higher than expected

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UK borrows £18bn in August, higher than expected

The UK borrowed £18.3 billion last month, higher than expected.

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Figures from the Office for National Statistics showed that net borrowing was £3.5 billion higher than the Government’s independent forecaster had predicted.

Inflation in August was at its highest rate for five months, driven up by the rising cost of petrol and diesel.

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Date: September 22, 2026