UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier Business live – latest updates The UK government ran a larger-than-expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first…

Headline and excerpt published by The Guardian. The full article is on their site.