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UK Borrowing Drops, Debt Still Looms | UK News
Description
UK borrowing dropped unexpectedly in June, falling nearly £8 billion below last year’s level — a silver lining amid stubbornly high national debt. The job market remains steady, with unemployment unchanged between March and May. As new PM Andy Burnham pushes for household relief, these figures signal cautious progress — but the long-term fiscal challenge remains daunting.
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