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UK borrowed more than expected last month, but less than a year agoInterest bill rose 70% to £7.6bn in May, third highest on record.UK rail strike: second day of action to go ahead after talks fail again

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The UK government borrowed more than expected to balance the books last month, as rising inflation pushed up the cost of servicing the national debt.

On an accrued basis, this month saw the third highest debt interest payment made by central government in any single month and the highest payment made in any May on record.

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