India  

Government borrowing in March dwarfs expectations

City A.M. Wednesday, 23 April 2025 ()
Government borrowing in March dwarfs expectationsGovernment borrowing beat expectations as it hit £16.4bn in March, official data has revealed.  Ballooning levels of borrowing will likely come as a blow to Chancellor Rachel Reeves, who is under pressure to keep public finances in balance.  Reeves left herself £9.9bn at last month’s Spring Statement as she made around £14bn of cuts, mainly [...]
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