Government borrowing higher than expected in June
A big increase in debt interest payments outstripped rising income from taxes and National Insurance.
BBC News
National Insurance
Tax and social benefit system in the UK, introduced in 1911
National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.
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