Government borrowing rises to £13.7bn in August

Government borrowing roseate by £3.3bn successful August pursuing higher spending connected benefits and nationalist services, including pay.

Official figures amusement that borrowing - the quality betwixt spending and taxation gross - reached to £13.7bn past month.

The Office for National Statistics (ONS) said that taxation income "grew strongly" but this was outweighed by immoderate benefits being accrued specified arsenic the carer's allowance and the disablement surviving allowance.

At the aforesaid time, nationalist services costs rose, taking the wide fig to the highest borrowing for August since during the Covid pandemic successful 2021.

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