Your Search Returned 2 tagged news reports
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
The figure was much worse than the £500m deficit expected by analysts, and comes as the recession continues to reduce the government's tax returns. July is typically a month of surplus, due to corporate tax payments. In April's budget, the Chancellor,...
Tags: public finances, net borrowing, tax revenues, public sector, sector net, Britain, THE Treasury, The Treasury, recorded began, official data