‘It’s going to be grim’: Ed Conway on the state of public finances

Politics

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

Products You May Like

Articles You May Like

Friday Forecast: Temps in upper 80s with late day storm chance
Eye Opener: The 2024 DNC kicks off
Chicago outdoors: Artistic water lily and great blue heron rarity
Most workers make about the same as before the pandemic — except in these states – The Mercury News
Map Reveals Countries With Disappearing Populations

Leave a Reply

Your email address will not be published. Required fields are marked *