Deficit at Lowest Level in 15 Years

The Treasury will have something to celebrate over Christmas with the news that UK’s budget deficit has narrowed to its smallest since 2002-3. The latest figures show public sector net borrowing of a mere £7.2 billion in November – the lowest for a November since 2004. Excluding net investment, the UK has actually run a surplus of £13 billion over the last 12 months. Osborne’s target of 2015 is long gone but better late than never…

mdi-tag-outline Deficit
mdi-timer December 21 2018 @ 15:17 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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