Statement comes as September borrowing jumped and debt interest payments hit record high
Jeremy Hunt said he would do “whatever necessary” to bring down national debt as the latest official figures showed government borrowing jumped in September and debt interest payments hit a record high.
The chancellor said getting the public finances on a stable footing was essential, as government borrowing hit £20bn in September, £2.2bn more than last September, and £3bn more than economists expected.
Statement comes as September borrowing jumped and debt interest payments hit record highJeremy Hunt said he would do “whatever necessary” to bring down national debt as the latest official figures showed government borrowing jumped in September and debt interest payments hit a record high.The chancellor said getting the public finances on a stable footing was essential, as government borrowing hit £20bn in September, £2.2bn more than last September, and £3bn more than economists expected. Continue reading…