All posts tagged UK debt

Westminster in the London fog

UK borrowing figures improve as a result of bank fines and rise in tax receipts

Official figures released on Friday by the UK’s statistical institute, the Office for National Statistics (ONS), reveals that public sector net borrowing stood at GBP14.1bn in November this year, a better than expected 10% decrease when compared to November last year. Public borrowing of GBP75.8bn between April […]

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UK debt

Rise in UK public sector borrowing in December

Ahead of Friday's release of the latest GDP figures, the Office for National Statistics (ONS) had bad news for the government this morning in the form of the

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UK’s deficit reduction target in doubt as public sector borrowing shoots up

The UK's borrowing was much higher than expected in October 2012, increasing speculation that the government will miss its deficit reduction target for 2012-13. Public sector net borrowing last

UK pound coins

UK government borrowing up by £600m in July

A surprise increase in public borrowing was announced today by the UK's Office for National Statistics (ONS), following a drop in corporation tax. July is traditionally a good month

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Higher than expected UK government borrowing in May

UK government borrowing was higher than expected last month as tax receipts fell and spending rose. The Office for National Statistics (ONS) reported today that public borrowing in May

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