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Tax rises forecast after UK borrowing jumps to £20.7bn; AstraZeneca announces $50bn US investment – business live

Rolling coverage of the latest economic and financial newsFull story: UK borrowing rises more than expected, putting pressure on Rachel ReevesBritain’s monthly borrowing in June would have paid for half a nuclear power station!The UK government has, thiss morning, struck a deal worth more than £38bn with private investors to back Britain’s biggest nuclear project in a generation at the Sizewell C site on the Suffolk coast, my colleague Jillian Ambrose reports. Continue reading...

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