Official data shows government borrowing in July was above expectations and at its highest since the pandemic.
The Office for Budget Responsibility (OBR) expected borrowing to be £46.6bn – instead it reached £51.3bn.
Our economics and data editor Ed Conway joins Niall Paterson to talk about the unexpected rise in government borrowing and Chancellor Rachel Reeves’ options at the October budget.
Plus, chief political correspondent Jon Craig discusses how long Labour’s claim that they are dealing with inherited problems will stand.
👉 Listen to the Sky News Daily every at at 5pm – follow here 👈
Producer: Soila Apparicio
Editor: Wendy Parker
Related posts:
Boris Johnson claims journalists are ‘always abusing people’
Labour reopens candidate selection process in race for Liverpool mayor
Cameron cleared of breaking lobbying rules over reported approach to chancellor
‘I want more’: Alok Sharma sets tone for COP26 climate change summit demanding ‘every country’ steps up
G20 leaders commit to net zero ‘by or around 2050’ – but fail to set target to phase out coal domestically
‘We will fight until the end’: Zelenskyy echoes Churchill in appeal to UK and vows to continue ‘whatever the cost’
Sky News cancels Conservative leadership debate after Sunak and Truss pull out
Tory crime commissioner banned for speeding five times in 12 weeks
‘We need to look again’: All of Rishi Sunak’s leadership campaign pledges under review
PM seeks ‘constructive’ approach with time running out to avoid bleak winter of strikes
Rishi Sunak branded ‘weak’ as he misses highest percentage of PMQs of any prime minister
Anderson row blunts PM’s moral authority on racism
