Skip to content
Subscriber Only
Markets
Economics

U.K. Budget Deficit Soars as Britain Prepares for Brexit

  • Fiscal deficit rises annual 60% in four months through July
  • Figures provide gloomy fiscal backdrop for Boris Johnson
Video player cover image
Pound Could Be Poised to Reverse Higher, Hedge Fund Telemetry's Thornton Says

Follow @Brexitsign up to our Brexit Bulletin, and tell us your Brexit story

U.K. government borrowing surged in the first four months of the fiscal year, a reminder of the vulnerability of the public finances as Britain braces for a no-deal Brexit.