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Today's markets: Borrowing figures, Novacyt, Soho House IPO & more

Follow our Markets Live blog for the latest news which affects your portfolio
Today's markets: Borrowing figures, Novacyt, Soho House IPO & more

Good morning and welcome to the IC’s Markets Live blog, where we detail the latest news affecting your portfolio.

Borrowing reached £24.3bn in May

UK public sector net borrowing reached an estimated £24.3bn last month, the second-highest May borrowing since monthly records began nearly three decades ago. However, this figure marked a £19.4bn improvement on the same period in 2020, when the world was in the early grip of the Covid-19 pandemic and government support costs were ballooning.

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