Figures come amid row between Labour and Conservatives over true state of public finances
Business live – latest updates
Strong spending on public services and welfare pushed government borrowing to £3.1bn last month, more than double its level in the same month a year earlier and worse than experts had expected.
Fuelling the row between Labour and the Conservatives over the health of the public finances, the deficit was the highest for a July in three years and £3bn higher than expected by the government’s spending watchdog, the Office for Budget Responsibility.
Continue reading… The Guardian Read More Figures come amid row between Labour and Conservatives over true state of public financesBusiness live – latest updatesStrong spending on public services and welfare pushed government borrowing to £3.1bn last month, more than double its level in the same month a year earlier and worse than experts had expected.Fuelling the row between Labour and the Conservatives over the health of the public finances, the deficit was the highest for a July in three years and £3bn higher than expected by the government’s spending watchdog, the Office for Budget Responsibility. Continue reading…
