Government borrowing higher than expected in February

Government borrowing higher than expected in February


Getty Images Chancellor Rachel Reeves in profileGetty Images

UK government borrowing was higher than expected in February, according to official figures.

Borrowing – the difference between spending and income from taxes – was £10.7bn last month, the Office for National Statistics said.

The government’s independent forecaster had predicted that borrowing would be £6.5bn for the month.

The latest UK economy figures are the last ahead of Chancellor Rachel Reeves’ Spring Statement next week.



Source link

https://nws1.qrex.fun

Leave a Comment

Your email address will not be published. Required fields are marked *

*
*