Tag: Chancellor Rachel Reeves

UK Government Borrowing Surges to £20.7B in June 2025, Second-Highest on Record
Aug, 7 2025

UK Government Borrowing Surges to £20.7B in June 2025, Second-Highest on Record

Britain’s government borrowing soared to £20.7 billion in June 2025, marking the second-highest June since 1993. This jump, driven largely by rising debt interest and a growing deficit, has intensified scrutiny of Chancellor Rachel Reeves’ promise to tackle national debt by 2030.