Globe and Mail |
Monthly Budget Gap Surprises British Government
New York Times For the fiscal year to date, public-sector net borrowing — excluding financial sector interventions and the one-time boost earlier in the year from a transfer of Royal Mail pension assets to the public sector — totaled £47.2 billion, up £11.6 billion … Surprise deficit raises risk of more UK austerity Chancellor's cuts and tax rises aimed at slashing debt 'fail' as public … Borrowing rise shock for Osborne |
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