What to know

• The government cut borrowing in the first six months of its fiscal year—but at a slower pace than planned—underlining the challenges posed by rising prices and interest payments.S1
• Government paid £10.9bn in debt interest, the highest September figure since records beganBusiness live – latest updatesThe Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government d...S2