UK Government Borrows More Than Expected in July
Listen to the story
The UK government borrowed more money than expected in July. Borrowing means the government takes money to spend, but must pay it back later.
John Healey is the UK Chancellor. This job means he controls the country's money.
Healey is getting ready for his first Budget. A Budget is a plan for how the government will spend and get money.
Healey said the government wants to keep its fiscal rules. These are rules about how much a government can borrow and spend.
He said the government is committed to these rules. This means they will try hard to follow them.
Many people are watching to see what will happen in the new Budget.
Vocabulary5 words
- borrowed
- took money that must be paid back later
- Chancellor
- the person who controls money for the government
- Budget
- a plan for spending and getting money
- fiscal rules
- rules about government money and spending
- committed
- promising to do something
Quiz
Answer key
1. It was more than expected 2. The Chancellor 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The UK government _____ more money than expected in July. Borrowing means the government takes money to spend, but must pay it back later.
John Healey is the UK _____. This job means he controls the country's money.
Healey is getting ready for his first _____. A Budget is a plan for how the government will spend and get money.
Healey said the government wants to keep its _____. These are rules about how much a government can borrow and spend.
He said the government is _____ to these rules. This means they will try hard to follow them.
Many people are watching to see what will happen in the new Budget.
More Politics stories
Next story · Easy
Big Brother Season 28: Week 6 Eviction Update