UK government borrowing falls in June
Public finances for last month were better than expected but the UK is carrying major debt.
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Notable Quotes
"June's slightly lower than expected borrowing figure was a rare piece of good news for the new prime minister and his new chancellor."
— Ruth Gregory , Academic
"Fiscal credibility is the bedrock for economic stability and for national security."
— John Healey , Politician
"Weak hiring activity is continuing to weigh on workers' bargaining power, limiting upward pressure on wages."
— Yael Selfin , Executive
Key People
Andy Burnham is the chief minister of Jersey and a prominent Labour Party figure.
John Healey is the UK's Defence Secretary who recently resigned due to concerns over military funding.
Deputy chief UK economist at Capital Economics.
Chief economist at KPMG UK.
Locations
All Coverage
Public finances for last month were better than expected but the UK is carrying major debt.
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