Based on information from the Workplace for Nationwide Statistics, borrowing – measured because the distinction between public sector spending and revenue – was £3.4bn lower than 12 months in the past.
Figures got here in barely lower than economists’ expectations, who have been polled by Reuters, resulting in a lift for the chancellor Rachel Reeves with the brand new 12 months on the horizon.
Outlook 2025: The state of the UK’s capital markets as we enter 2025
Based on Jessica Barnaby, deputy director of public sector funds on the ONS, this discount this was pushed by central authorities tax receipts which “grew com…
