Hammer blow for Rachel Reeves as government borrowing smashes expectations days before crucial Spring Statement - running £20bn higher than forecast despite surging tax revenue

The public sector borrowed £10.7billion last month - the fourth highest February figure on record and more than the £7billion analysts had pencilled in.

Mar 21, 2025 - 09:21
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Hammer blow for Rachel Reeves as government borrowing smashes expectations days before crucial Spring Statement - running £20bn higher than forecast despite surging tax revenue
The public sector borrowed £10.7billion last month - the fourth highest February figure on record and more than the £7billion analysts had pencilled in.