Public Sector Borrowing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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While spending quality has increased, the fiscal deficit needs to be lowered further to support a new private capex cycle; the central government must lead the way in fiscal consolidation, and it may not be straightforward.

The UK will borrow a staggering £137billion this year but nearly all of it will go on servicing the interest on our national debt. The whole country is living on the never-never.

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