UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

Chancellor John Healey said the government is 'committed to meeting our fiscal rules'

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier Business live – latest updates The UK government ran a larger than expected £1.8bn deficit in July, underlining the challenges facing the chancellor, John Healey, as he draws up his first…