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UK borrows less than expected as Healey vows to ‘buffer against uncertainty’
Category
Politics
Published
Tuesday, July 21, 2026 at 9:49 AM
Publisher
The Guardian Politics
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The Guardian Politics 6 hours ago

UK borrows less than expected as Healey vows to ‘buffer against uncertainty’

Quick Summary

Figure of £16bn from ONS comes after Andy Burnham revealed plans to cut VAT on electricity bills Business live – latest updates The UK government borrowed less than expected in June, in a boost for Andy Burnham as he set out plans to cut VAT on household electricity bills and promised a new direction for the British economy. The Office for National Statistics (ONS) said public sector net borrowing – the difference between government spending and income – was £16bn last month, £7.9bn less than in June 2025. Continue reading...

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Andy Burnham says his will be a ‘cost-of-living government’ in first cabinet meeting as PM – UK politics live
Andy Burnham says his will be a ‘cost-of-living government’ in first cabinet meeting as PM – UK politics live

The new prime minister said he wants his government to look at ‘all possible ways’ to help families with high costs Burnham to cut VAT on electricity bills in first cost-of-living move António Costa, the president of the European council, said in a post on X that he held a “good” phone call with Andy Burnham last night, in which he said they agreed to “further strengthen” EU-UK relations and continue to cooperate to support Ukraine. He said there was also discussion about “common geopolitical challenges facing Europe”, which could be a reference to many things, including energy prices soaring due to the US-Israel war on Iran, Europe’s trading and security relationship with Washington, the future of Nato, the continent facing a wave of hybrid warfare, driven by Russia, or the surge of national populism and backlash against immigration. Continue reading...

The Guardian Politics 17 minutes ago
Big, brave Nige shows face in public again with aimless speech to a few mega-fans | John Crace
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Reform leader’s recycled moanathon included digs at Kemi, the media, immigrants and new PM. But no questions, of course Is it safe? Is it safe? For the past couple of months, Nigel Farage has been like Laurence Olivier in Marathon Man, wondering if he can come out of hiding. Tucked away in one of his five homes, living on handouts from benefactors and hoping the coast is clear. Free from troublesome reporters who insist on asking awkward questions about where his money comes from and what it’s for. It’s tough to be the Man of the People when some of your money is coming from a posh convicted fraudster. Then again, Nige is a man who seems quick to forgive criminal behaviour. But – slowly, slowly – he is beginning to show his face in public again. And on Tuesday he took the latest steps on his Long Walk to Freedom. Continue reading...

The Guardian Politics 24 minutes ago

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