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UK July borrowing hits three-year low, but fiscal concerns persist for Chancellor Reeves.
UK government borrowing in July was £1.1 billion, £2.3 billion less than the same month last year and the lowest July borrowing in three years.
Though tax receipts increased, borrowing for the first four months of the financial year is £60 billion, £6.7 billion more than last year.
Despite the lower-than-expected July borrowing, Chancellor Rachel Reeves may still need to raise taxes or cut spending to address public finances.
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Los préstamos del Reino Unido en julio alcanzan su nivel más bajo en tres años, pero las preocupaciones fiscales persisten para el canciller Reeves.