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Economy/MacroArticle

UK posts unexpected budget deficit in July as spending rises

Public sector net borrowing exceeded forecasts for July amid higher-than-anticipated government spending.

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Elena Kovač · Central Banks Desk · 21 Aug 2026 · 07:17 · 1 min read
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UK posts unexpected budget deficit in July as spending rises

The UK recorded an unexpected budget deficit in July as public sector net borrowing increased compared with the same month a year earlier. Government spending contributed to the shortfall, according to official figures.

Further verified details on the breakdown of spending or the size of the deficit were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Elena Kovač
Central Banks Desk

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.

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