The Guardian |
UK borrowing hits lowest level since financial crisis, ahead of interest rate decision – business live
The Guardian John Hawksworth, chief economist at PwC, says the drop in UK borrowing will allow the government to relax its austerity policies. However, tax rises will still be needed to fund the increase in NHS spending announced this week, he adds: “As a share of ... Public borrowing falls to 13-year low Borrowing boost for Chancellor as tax receipts rise UK borrowing falls more than expected, Hammond under pressure to spend |
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