# UK July borrowing exceeds forecasts as Healey prepares first Budget

The UK government borrowed more than expected in July, ahead of Chancellor Healey's first Budget. The higher-than-forecast deficit adds pressure on fiscal plans as the new government sets its economic agenda. This signals a challenging start for Budget planning.

**Importance:** 3/5

## Sources

### Business
- [BBC Business](https://www.bbc.co.uk/news/articles/cly8kzkyvwgo?at_medium=RSS&at_campaign=rss) — Fri, 21 Aug 2026 08:48:25 GMT