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Government borrowing rises by a fifth to £18bn in August

BBC NewsFactual

UK government borrowing rose to £18.3bn in August, nearly a fifth higher than a year earlier and above official forecasts. The Office for National Statistics attributed the increase to persistently high inflation driving up overall spending, with inflation reaching a five-month high on rising petrol and diesel prices. The figures add pressure on Chancellor John Healey ahead of his first Budget on 28 October.

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