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21 Oct 21
Borrowing by central government during the first half of 2021-22 was £43.4bn (28%) lower than official estimates made in March.
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19 Aug 21
Covid-19 support measures and the related economic slowdown saw the Scottish government's budget deficit spike to 22.4% of GDP last year, according to latest statistics.
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16 Apr 20
The UK government deficit could rise to as high as £260bn – about 12% of GDP – this financial year, as a result of the measures taken amid the coronavirus pandemic, economists at PwC have predicted.
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22 Nov 19
UK borrowing has risen to a five-year high as political leaders have laid out large spending plans, official figures have shown.
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2 Aug 19
Wales’s multi-billion-pound public finance deficit is reducing, but only because of spending cuts – not increasing revenues – according to experts at Cardiff University.
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25 Jun 19
A think-tank has warned most forms of Brexit will damage the UK economy - while the Office for National Statistics has predicted borrowing will increase this financial year.
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31 May 18
NHS trusts in England ended the last financial year with a deficit of £960m - £464m above the projected deficit of £496m, a regulator’s report out today has shown.
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4 Apr 16
Wales had a net fiscal deficit of £14.7bn in 2014/15, equivalent to almost a quarter of its estimated GDP, according to an analysis of its public finances.
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7 Jan 16
George Osborne will today warn the UK economy faces a “dangerous cocktail” of global threats that make it essential to complete the government’s plan to cut spending and get the public finances into...
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22 Dec 15
Chancellor George Osborne has been warned that the government could miss its deficit target for 2015/16 by as much as £7bn after public sector borrowing for November increased by £1.3bn compared to...
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10 Jun 15
The chancellor’s plan to legislate for spending surpluses could actually lead to governments taking greater risks with taxpayers’ money.
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16 Apr 15
The International Monetary Fund has forecast that the UK will continue to run a deficit until 2020, despite official Treasury projections showing a surplus in the public finances by 2018/19.
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13 Apr 15
Ed Miliband has today set out a plan for the Office for Budget Responsibility to verify a Labour government's plans to cut the deficit in every year of the next parliament.
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18 Mar 15
George Osborne’s statement included no details on tax rises or how to improve public sector efficiency, but the next government will likely need both to meet fiscal targets.
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18 Mar 15
Debt as a proportion of national income is to start falling, allowing Chancellor George Osborne to meet the fiscal target he set five years ago, he said today.