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![afneil Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::136004952.png) Andrew Neil [@afneil](/creator/twitter/afneil) on x 1.2M followers
Created: 2025-07-22 06:18:34 UTC

BREAKING NEWS: More pressure on Chancellor Reeves to raise taxes/repair public finances/‘fix the foundations’ (still a work in progress, contrary to ministerial claims):
UK government borrowing rose to almost £21 billion last month, £6.6bn higher than  June 2024 and the second-highest June borrowing figure since monthly records began in 1993. 
City economists had forecast borrowing to increase to £16.5bn. These days when it comes to inflation, growth, borrowing and pretty much every other economic indicator ‘City economists’ are invariably over-optimistic about Labour economic policy.


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**Related Topics**
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[Post Link](https://x.com/afneil/status/1947541763582808142)