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

The Guardian - Business
The Guardian - Business
Aug 21, 2026 · 12:04 PM
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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 econo…
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