Official figures show that borrowing - the difference between spending and tax take - reached £16.6bn ... The increased borrowing means the UK's national debt stood at 98.5% of its economic ...
income tax and national insurance. UK national debt currently stands at around £2.7 trillion, according to data from the ...
For example, workers pay income tax and national insurance ... of the financial crash and the Covid pandemic pushed the UK's debt up. But, in relation to the size of the economy, UK debt figures ...
While the overall tax take increased by £2.1bn in July ... As well as the borrowing figures, the ONS revealed the UK's national debt remained at its highest level since the early 1960s last ...
As borrowing costs rise, the government has less money to spend on the country's creaking National Health Service, military, ...