Reeves has mountain to climb in budget after borrowing rise

The GuardianTuesday, October 21, 2025 at 7:32:52 AM
Reeves has mountain to climb in budget after borrowing rise
UK borrowing has surged to a five-year high of £20.2 billion for September, highlighting a significant challenge for the government. This rise in borrowing indicates that the country may face tough decisions ahead, including potential tax increases or spending cuts. It's a critical moment for Chancellor Rachel Reeves as she navigates these financial pressures, which could impact public services and the economy at large.
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