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UK Government borrowing jumps as debt interest costs hit record May high
The impact of Iran war pressures on UK public finances has been laid bare as official figures showed Government borrowing lifted to a higher-than-expected £23.3 billion last month after debt interest costs surged to a record May high. The Office for National Statistics (ONS) said borrowing was nearly a third (30.4%), or £5.4 billion, higher than a year earlier in May. [...]