The UK is now on track to slightly undershoot the OBR’s full-year borrowing forecast
Notifications can be managed in browser preferences.
Swipe for next article
The UK is now on track to slightly undershoot the OBR’s full-year borrowing forecast
Removed from bookmarks
I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice
Stock market news plus latest business and personal finance updates from Tuesday
Increased tax receipts were outstripped by higher spending on public services, benefits and debt interest, latest figures show.
Figure comes as Treasury prepares budget that is expected to include tax rises to plug yawning deficit
The Government must cut public spending or it risks further damage to the private sector
Labour chancellor facing increasing pressure to rescue the UK’s troubled finances
Borrowing was more than £2bn higher than expected in October, latest official figures show.
