UK government borrowing higher as energy bill support help begins

United States News News

UK government borrowing higher as energy bill support help begins
United States Latest News,United States Headlines
  • 📰 BBCNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Government borrowing rose last month as energy support schemes for households and businesses started.

Government borrowing rose in October from a year ago as the UK started paying for energy support schemes for households and businesses.

Chancellor Jeremy Hunt said people needed support through the aftershocks of Russia's invasion of Ukraine. In addition, October also saw the start of the Energy Price Guarantee schemes, which caps the annual energy bill of a typical household to £2,500 and also provides support for businesses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BBCNews /  🏆 3. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Scottish Government funding for building own home to reopenScottish Government funding for building own home to reopenSCOTS who want to “unlock the dream” of building their own home can apply to a government fund designed to help those who cannot get access to…
Read more »

Iran's World Cup Captain says football team 'support' those who have died in anti-government protestsIran's World Cup Captain says football team 'support' those who have died in anti-government protestsIran's World Cup captain has said the national team 'support' those who have died in anti-government protests ahead of their opening game of the tournament.
Read more »

Chorley hotel closes and takes Government cash to house asylum seekersChorley hotel closes and takes Government cash to house asylum seekersA Chorley hotel has closed to the public after it struck a deal with the Government to house asylum seekers.
Read more »

Labour promise to abolish the House of Lords if elected to government - here’s whyLabour promise to abolish the House of Lords if elected to government - here’s whyLabour leader Sir Keir Starmer is expected to confirm plans to abolish the House of Lords in the next manifesto.
Read more »



Render Time: 2025-03-10 16:56:34