Government borrowing

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UK borrowing surge piles pressure on chancellor ahead of Budget

UK borrowing surge piles pressure on chancellor ahead of Budget

UK borrowing adds to Budget headache John Healey’s delivery of his first Budget at the end of October comes burdened by the UK’s borrowing which jumped to £18.3bn in August, almost a fifth higher than a year earlier, adding fresh strain on chancellor. If you wonder what ‘borrowing’ means: It is the difference between tax […]

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