Healey oversees deficit in first month as Chancellor

New figures released on Friday showed that government borrowing under Chancellor John Healey was at £1.8bn in July.

venerdì 21 agosto 2026 New tab

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· 6 sources

· 6 sources

New figures on borrowing reflect Healey’s difficult in-tray just as defence spending pressures come to bite.

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The ONS said government borrowing stood at £1.8 billion in July, £700 million more than a year ago.

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Most economists had forecast zero borrowing last month while the OBR had predicted a £500 million surplus

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it comes as a blow to find out that in the early run-up to the Budget, John Healey is looking at ways of stretching an already…

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The Office for National Statistics (ONS) said public sector net borrowing was £16 billion in June, which was 33.1% less than the…

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A boost from self assessed tax receipts boosted the Treasury's coffers last month but Chancellor John Healey faces tough choices…

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