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Inflation and government borrowing highest for a year ahead of next week's Budget

UK inflation rises to 3.5% and government borrowing surges to nearly £25 billion as Chancellor John Healey prepares for his first Budget. With soaring petrol prices driving inflation, Healey faces significant pressure to address economic ch...

BBC News· Oct 21, 2026 · 10:42 AM · 1 views

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UK inflation rises to 3.5% and government borrowing surges to nearly £25 billion as Chancellor John Healey prepares for his first Budget. With soaring petrol prices driving inflation, Healey faces significant pressure to address economic challenges while promising to maintain tax rates.

Full story and more reels: https://newsreel.video #news #breaking #UKeconomy #inflation #Budget2023

Originally reported by BBC News. Read the full story →

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