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Oil receipts boost UK public finances

Source: The Irish Times

London : United Kingdom | about 1 year ago

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The Office for National Statistics said the public sector posted a net cash repayment of £12.6 billion last month, more than the £10 billion repayment forecast by analysts but less than the £13.3 billion repaid in July 2007...July is traditionally a surplus month due to the timing of corporate tax...

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Tags: public finances, billion pounds, public coffers

More News From: London : United Kingdom

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News Source: The Age | about 1 year ago

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