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News Stories Related To: Oil receipts boost UK public finances

Source: The Irish Times

London : United Kingdom | about 1 year ago

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...

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Tags: public finances, billion pounds, public coffers

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Tax boost can't save Darling

News Source: The Scotsman | about 1 year ago

Darling has been warned he still faces an uphill struggle to meet his full-year borrowing target despite bumper oil tax revenues boosting the public coffers last month. Official figures yesterday showed the public sector paid back a net £4.8 billion...
Public finances: Debt getting worse despite tax gain

News Source: Guardian Unlimited | about 1 year ago

Bumper revenues from North Sea oil companies boosted Britain's public coffers last month, but analysts still believe that the government has little hope of meeting its borrowing target for the year. The Office for National Statistics said the...
How Mr Darling is going to do his best... to make the figures add up

News Source: The independent | about 1 year ago

What we did not realise until yesterday was just how mangled they are. First, let's do some rubber-necking as we drive past the gore. Approaching the scene of the accident, the damage doesn't look too bad. Even when a government is way in the red, as...
UK slowdown puts budget under stress

News Source: The Age | about 1 year ago

The 4.8 billion-pound ($10.2 billion) surplus was the smallest for the month since 2005, the Office for National Statistics said today. The median forecast in a survey of 15 economists was for a surplus of 4.3 billion pounds. In the first four months...
UK public coffers get oil boost but outlook grim

News Source: Khaleej Times | about 1 year ago

Although July's surplus was slightly higher than analysts had forecast, government borrowing for the first four months of the financial year was nearly 11 billion pounds ($20.50 billion) higher than the same period last year. In March, Chancellor of...
Public finances improve slightly

News Source: BBC | about 1 year ago

The Office for National Statistics said the government swung into credit by ï¿½4.8bn in July after net borrowing of ï¿½9.16bn the previous month. But the figure was still lower than the ï¿½6.4bn the government had in its coffers in the same...
Oil receipts boost UK public finances

News Source: The Irish Times | about 1 year ago

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...
Record oil prices boost public finances

News Source: Guardian Unlimited | about 1 year ago

Record oil prices gave the government a much-needed windfall last month when bumper revenues from Britain's North Sea fields helped push the public finances heavily into the black, it was revealed today...Even so, the ONS data for the first four...