Jeremy Hunt's tax cut plans face setback as government borrowing tops £20bn | Budget deficit
ONS says budget deficit £1.5bn higher than previous year due to increased spending on benefits and weaker tax revenues
Source: theguardian.com
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ONS says budget deficit £1.5bn higher than previous year due to increased spending on benefits and weaker tax revenues
Government borrowed £120.7bn in the last financial year, with just under £12bn in March
Next week, highlights include US CPI and Retail Sales data, GDP and the Labour Market report from the UK, while the 1st tally of the Japan Rengo wage talks will be key, as will China inflation data
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero