BUSINESSglobal
UK Public Borrowing Above Forecasts
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Updated 2 hours ago
First seen March 21, 2026 13:17:44Stay on top of this story
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Quick Summary
UK public sector net borrowing (excluding public sector banks) rose to £14.3 billion in February 2026 from £12.1 billion in the same month last year, exceeding expectations of £8.5 billion. This marked the second-highest February borrowing since records began in 1993, behind 2021. Public sector expenditure increased by £10.8 billion year-on-year, driven by higher costs ...