Channel 4 News
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UK borrowing much higher than expected
Posted
March 21, 2025
Views
26,771
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March 21, 2025
26,771
95
211
1.14%
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0:19Now PlayingUK government borrowing was much higher than expected last month - adding to the pressure on the Chancellor ahead of her Spring Statement next week.
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Official figures show it was £10.7 billion - much higher than the £6.5 billion predicted. Rachel Reeves is expected to announce spending cuts on Wednesday to meet her self-imposed rules for the economy.
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