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Article The Guardian World News

UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

The Guardian World News August 21, 2026 · 6:34 am Read Original
Pessimistic -36.3
−100 Bearish 0 +100 Bullish
UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlierBusiness live – latest updatesThe UK government ran a larger than expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first budget.City economists had expected a shortfall of zero for July, a month when Treasury receipts tend to be swollen by self-assessment income tax payments. Continue reading...

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Article Info
Source The Guardian World News
Published Aug 21, 2026 · 6:34 am
Article ID mcuyqb6
Original URL Open source
Sentiment Signal
Pessimistic -36.3
−100Neutral+100
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