Day Headlines in Economy News: 2025-05-22
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US Treasury confirms the end of the penny (BBC Economy 2025-05-22 16:42:08)
There has been a long debate over the cost and usefulness of one cent coins in the US. -
Tax rise warning after higher-than-expected UK borrowing (BBC Economy 2025-05-22 10:47:32)
Government borrowing hit £20.2bn in April, leading analysts to say the prospect of tax rises later this year is increasing. -
How much money does the UK government borrow, and does it matter? (BBC Economy 2025-05-22 09:10:16)
The state borrows to fund day-to-day spending as well as long-term infrastructure projects.