The state borrowed nearly £12bn more last month than in April last year as it spent on energy schemes, higher benefits payments and paid billions more on interest rates, according to official figures.

Monthly borrowing increased to £25.6bn in April, up from £21.5bn in March and £13.7bn in April 2022, data from the Office of National Statistics (ONS) shows.
#uk #borrowing
https://news.sky.com/story/government-borrowing-sharply-higher-than-expected-12887289?dcmp=snt-sf-twitter

2 comments

They are ’borrowing’ (as in printing paper money) then spending lavishly on all this ‘green’ stuff, 5G towers, surveillance cameras, road-blocking apparatus and tight-knit inner city housing to pen us all in …..
and SERCO is making a fortune as are all the CP ‘Yes’ men in the Councils and corporations.
The corporations supplying all this ridiculous and dangerous stuff are making themselves ridiculously rich so they can buy up all the farmland and woodlands etc