Starmer’s thunderclap headache: UK govt borrowing hits 5-yr high — 2nd highest since 1993

UK PM Keir Starmer faces pressure with government borrowing at £99.8 billion, a five-year high. Rising inflation and debt interest worsen the deficit. IMF predicts poor living standards and high inflation. BoE may cut rates, risking inflation, or raise them, risking slowdown. Chancellor Reeves may r