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flag UK government borrowing hit £20.2 billion in April, surpassing forecasts and raising debt to 95.5% of GDP.

flag UK government borrowing surged to £20.2 billion in April, exceeding forecasts and becoming the fourth-highest April borrowing since records began in 1993. flag This rise, due to increased public sector pay, national insurance payments, and higher benefits, adds pressure on Chancellor Rachel Reeves to meet fiscal targets. flag Public sector net debt now stands at 95.5% of UK GDP, up 0.7 percentage points from a year ago.

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