19-June-2026
Economy News
 
Higher Inflation Drives Jump in UK Budget Deficit in May
19-Jun-2026

British government borrowing jumped much more sharply than expected in May as higher inflation pushed up the cost of servicing inflation-linked debt, official figures showed on Friday in unwelcome news for the public finances.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-19/uk-runs-much-bigger-than-expected-budget-deficit-in-may