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 Telegraph.co.uk |
UK deficit widens to biggest on record for August
Telegraph.co.uk … receipts fell by 2.1pc and benefits payments rose 4.9pc. The Chancellor wants to trim borrowing in 2012/2013 to £120bn, excluding a one-off £28bn boost from the transfer of the Royal Mail pension fund into Treasury ownership, from £127.6 billion … UPDATE 1-British budget deficit swells to August record |
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