Warning UK borrowing rise makes energy bill help harder
Economists say UK government finances are in a worse position than before the government's last energy support package in 2022.
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"We doubt there is scope for a large-scale fiscal support package like that seen in 2022, even in more extreme scenarios in which the conflict in the Middle East escalates further."
— Ruth Gregory , Academic
"The increase in borrowing for February partly reflects the timing of payments, with some interest due at the end of January falling into February because of the intervening weekend."
— Nabil Taleb , Executive
"The latest data out this morning, however, has put a swift end to that picture."
— Lindsay James , Executive
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Economists say UK government finances are in a worse position than before the government's last energy support package in 2022.
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