UK Public Borrowing Falls Annually, Hits £12.6bn in March
Britain's public sector borrowing decreased significantly in the fiscal year ending March, with the government undershooting its annual target. Monthly borrowing for March was reported at £12.6 billion.
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Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)Sources
Government borrowing falls by £20bn in year to March
An increase in spending is more than more than offset by increased tax receipts, official figures show.
Read full article →UK public sector borrowing hit £12.6bn in March as Iran war strains finances
Higher energy prices stoked by conflict have resulted in higher borrowing costs for government
Read full article →UK undershoots annual borrowing target by £700m
But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming months The UK government came in below its annual borrowing target by £700m, official figures show – but the Iran war is likely to blow a hole in Rachel Reeves’s carefully calculated fiscal “headroom” over the coming months. The government borrowed a net total of £132bn for the financial year ending in March, the Office for National Statistics said. This slightly undershot the £132.7bn that the O...
By Tom Knowles
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