Claims: UK borrowing surges over forecasts in May as government spending rises – business live
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- title: UK borrowing surges over forecasts in May as government spending rises – business live Source
- url: https://www.theguardian.com/business/live/2026/jun/19/uk-borrowing-surges-over-forecasts-in-may-spending-pound-bonds-borrowing-latest-news-updates Source
- summary: Rolling coverage of the latest economic and financial news Chief Secretary to the Treasury Lucy Rigby has pinned the blame for the rise in borrowing on the Middle Est crisis, saying: “Inflation has held steady and unemployment has fallen this week, but the war in the Middle East has clearly had an impact on economies around the world. “We have the right economic plan to deal with these challenges – protecting families and businesses from rising costs, while cutting borrowing at a faster rate tha… Source
- published: Fri, 19 Jun 2026 07:12:50 GMT Source