UK government borrowing jumps to £17.4bn in October; Bitcoin nears $100,000 for first time - business live

By The Guardian | Nov 21, 2024 at 02:25 AM EST

The UK government borrowed more than expected in October, totaling £17.4bn due to increased spending. This raised public sector net debt to 97.5% of GDP. Tax rises are expected to reduce borrowing, despite resistance from retailers and farmers.

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