#tax-receipts

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#uk-public-finances
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Chancellor may have been thrown a life line as public borrowing falls - London Business News | Londonlovesbusiness.com

UK public sector borrowing dropped to £1.1bn in July, the lowest July borrowing for three years, as stronger tax revenues slowed the increase in public borrowing. The uplift in receipts was largely driven by a better-than-expected economic performance in the first half of the year. Despite this improvement, borrowing for the financial year to date remains £6.7bn higher than the same period last year.
UK politics
UK politics
fromwww.bbc.com
5 months ago

Government borrowing higher than expected in April

UK government borrowing exceeded expectations in April, reaching £20.2bn, due to rising spending and increased tax income.
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