UK Government Borrowing Rises as Energy Support Scheme Begins

The Chancellor of the Exchequer, Jeremy Hunt, delivers his autumn statement in the House of Commons in London on Nov. 17, 2022. Jessica Taylor/UK Parliament via PA

The UK’s government borrowing increased in October as the energy support scheme for households and businesses got under way.

According to data released by the Office for National Statistics (ONS) on Nov. 22, government borrowing rose to £13.5 billion ($16 billion) in October.