News tagged with “government borrowing”. Found:
10 tagged news reports.
Your Search Returned 10 tagged news reports
Public borrowing soars to new record
London :: United Kingdom | about 1 month ago
Credibility
The Treasury expects borrowing to reach a record £175 billion for the year as a whole as the public finances buckle under the impact of recession. While September's borrowing is slightly lower than the £15.3 billion expected by the City, it is almost...
Tags: ons recorded, Elizabeth Judge Britain, billion pounds, government borrowing, Office for National Statistics, recorded began, Gordon, official data, public finances, data showed
Soaring public borrowing fuels spending cuts row
London :: United Kingdom | 2 months ago
Credibility Now Labour have done it in just one month with a new August borrowing record. "These shocking figures show the depth of Gordon Brown's debt crisis and just how irresponsible he was to pretend that spending cuts weren't necessary." A Treasury spokesman...
Tags: government borrowing, Treasury, figures showed, budget forecasts, public sector, United Kingdom, London
UK public sector debt swells
London :: United Kingdom | 4 months ago
Credibility The British government borrowed a net total of 13 billion pounds ($21.4 billion) in June, raising national debt to 56.6 percent of GDP as tax receipts slumped amid the recession, the Office for National Statistics said Tuesday. The debt figure was lower...
Tags: public sector, tax receipts, billion pounds, net borrowing, Office for National Statistics, government borrowing, Treasury, sector net
FM allays fear of high Govt borrowing
New Delhi :: India | 4 months ago
Credibility Finance Minister Pranab Mukherjee allayed fears that high Government market borrowing, pegged at about Rs 4 lakh crore, for the current fiscal will leave little resources for the private sector. Just as the Reserve Bank managed market borrowings of the...
Tags: private sector, Pranab Mukherjee, government borrowing, finance minister, allayed fear, minister pranab, market borrowing
Bond yields likely to rise
Mumbai :: India | 4 months ago
Credibility Due to the high government borrowing of 6.8 per cent of GDP, the bond yields are expected to rise at least in the short term. According to Crisil Ratings: "This would result in mark-to-market losses for high duration mutual funds. As a mitigant, we could...
Tags: government borrowing
Swan to guarantee state borrowing
Canberra :: Australia | 8 months ago
Credibility Wayne Swan announces Government protections for state borrowing March 25, 2009 11:57am THE Federal Government will provide a temporary guarantee for state government borrowing in a bid to protect jobs, Treasurer Wayne Swan announced today. Following...
Tags: Treasurer Wayne Swan, swan announced, government borrowing, Canberra Times, territory treasurer, Treasury, temporary guarantee, Mr Swan, federal government, Australian Loan Council
RBI to limit impact of govt borrowings
Mumbai :: India | 9 months ago
Credibility The Reserve Bank of India (RBI) has sought to assuage concerns over the excess government borrowing pushing up interest rates. The central bank on Friday promised that the government borrowing would be carried out in the least disruptive, market-friendly...
Tags: Reserve Bank of India, liquidity positions, borrowing programme, government borrowing, comfortable liquidity, reserve banking
Brown and Cameron clash over economy
London :: United Kingdom | about 1 year ago
Credibility Prime Minister Gordon Brown told Tory leader David Cameron he was "not taking lessons" from the Opposition as the pair clashed over the economy. David Cameron Mr Cameron asked whether the Government's fiscal rules were "dead" amid pledges to increase...
Tags: David Cameron Mr Cameron, Gordon Brown, Mr Brown, prime minister, fiscal rules, government borrowing, cameron clashed, responsible course, uk politics
Brown defends 'record' borrowing
London :: United Kingdom | about 1 year ago
Credibility The prime minister insisted to MPs that the UK was in a "stronger position than at any other downturn" and could borrow now because of debt already paid off. But Conservative leader David Cameron said forecasters believed government borrowing could reach...
Darling keeps government borrowing in check
London :: United Kingdom | about 1 year ago
Credibility April 18, 2008 Alistair Darling won welcome respite this morning from the deluge of bleak news on the economy as official figures confirmed that he met his revised government borrowing target for the full 2007-08 financial year. The public finances sank...
Tags: Office for National Statistics, Alistair Darling, government borrowing, public finances, net borrowing
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