UK June Borrowing Overshoots Forecasts The U.K.'s public sector borrowing rose higher than expected to 14.4 billion pounds ($22.6 billion) in June. The Office for National Statistics said Friday that borrowing was 500 million pounds more than in the same month a year earlier. The market consensus was that borrowing would ease to 13.4 billion pounds. Vicky Redwood at Capital Economics commented that if the trend continues the government will overshoot its full year borrowing target of 120 billion pounds by about 20 billion pounds.