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UK government borrowing surges to £23.3B in May, exceeding forecasts by £5.6B
UK public sector borrowing hit £23.3B in May 2026, exceeding forecasts by £5.6B as record debt interest payments and rising spending strain fiscal policy.
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cityam.com
UK government borrowing overshoots on day Burnham elected
The Office for National Statistics said the government’s net borrowing was £23.2 in May, above economists’ £19bn prediction.
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independent.co.uk
UK Government borrowing jumps as debt interest costs hit record May high
The ONS said borrowing was nearly a third (30.4%), or £5.4 billion, higher than a year earlier at £23.3 billion in May.
