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Official data shows government borrowing in July was above expectations and at its highest since the pandemic.

The Office for Budget Responsibility (OBR) expected borrowing to be £46.6bn – instead it reached £51.3bn.

Our economics and data editor Ed Conway joins Niall Paterson to talk about the unexpected rise in government borrowing and Chancellor Rachel Reeves’ options at the October budget.

Plus, chief political correspondent Jon Craig discusses how long Labour’s claim that they are dealing with inherited problems will stand.

👉 Listen to the Sky News Daily every at at 5pm – follow here 👈

Producer: Soila Apparicio
Editor: Wendy Parker

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Tether blocks $12.3M in USDT tied to suspicious Tron addresses

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Tether blocks .3M in USDT tied to suspicious Tron addresses

Tether blocks .3M in USDT tied to suspicious Tron addresses

The stablecoin giant froze over $12.3 million worth of funds, pointing to potential illicit activity or AML violations.

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Vietnam legalizes crypto under new digital technology law

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Vietnam legalizes crypto under new digital technology law

Vietnam legalizes crypto under new digital technology law

Vietnam has passed a sweeping digital technology law that legalizes crypto assets and outlines incentives for AI, semiconductors, and infrastructure.

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Brazil ends crypto tax exemption, imposes 17.5% flat rate on gains

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Brazil ends crypto tax exemption, imposes 17.5% flat rate on gains

Brazil ends crypto tax exemption, imposes 17.5% flat rate on gains

Brazil scraps crypto tax exemption for small traders, enforces flat 17.5% rate across all gains, including self-custody and offshore holdings.

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