Expenditure increase leaves Government facing huge borrowing

Central Government receipts
Central Government receipts Credit: ONS

The Office for National Statistics has released the following graphs to illustrate how low receipts and increasing expenditure has left the Government facing public borrowing of £17.9 billion.

Central Government expenditure
Central Government expenditure Credit: ONS

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Public borrowing hits £17.9bn

The Chancellor's plans to tackle to deficit have come under pressure after figures revealed a larger-than-expected surge in government borrowing. Public sector net borrowing was £17.9 billion in May, up from £15.2 billion the previous year.