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UK government borrowing falls to £1.1bn in July, despite third-highest year-to-date deficit on record – business live
theguardian.com/business/live/2025/aug/21/uk-government-borrowing-falls-july-deficit-rachel-reeves-us-fed-jackson-hole-tech-selloff-business-live
US Federal Reserve minutes dampen investor mood
However, the outlook has not improved much, said Alex Kerr, UK economist at Capital Economics.
Ultimately, today’s release does little to brighten the gloomy outlook ahead of the budget later this year. The government’s u-turns on spending…
This story appeared on theguardian.com, 2025-08-21 06:32:26.