November 21, 2023 BY Elizabeth Anderson

UK borrowing reaches record levels, topped only by stats from 1993 & 2020

The ONS’s figures also compared the same period from 2022, where net borrowing registered lower than this October’s figures. Not only this, but it also sits as the second highest borrowing figure since October 1993, second only to October 2020 when borrowing catapulted due to a pandemic deficit of £20bn. Industry experts have urged government…

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