There’s good and bad news in the public finance figures, released by the Office for National Statistics this morning. July saw something of a borrowing splurge, with £1.8 billion needed from the markets to keep Britain afloat. That was up two-thirds on July last year and £2.3 billion above forecasts from the Office for Budget

Pressure on the public finances deepened last month as higher spending contributed to an unexpected increase in the deficit.

There’s good and bad news in the public finance figures, released by the Office for National Statistics this morning. July saw something of a borrowing splurge, with £1.8 billion…