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UK government borrowing rises to £24.5bn as John Healey prepares for budget
UK NewsBusiness•October 21, 2026 at 7:48 AMNational

UK government borrowing rises to £24.5bn as John Healey prepares for budget

By Heather Stewart Economics editor•The Guardian - UK News

Government paid £10.9bn in debt interest, the highest September figure since records beganBusiness live – latest updatesThe Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government debt, increasing pressure on John Healey before his first budget next Wednesday.Official figures show the government paid £10.9bn in debt interest: the highest September figure since records began, and only the eighth time the monthly number has been above £10bn. Continue reading...

Government paid £10.9bn in debt interest, the highest September figure since records began

The Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government debt, increasing pressure on John Healey before his first budget next Wednesday.

Official figures show the government paid £10.9bn in debt interest: the highest September figure since records began, and only the eighth time the monthly number has been above £10bn.

Continue reading...