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But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsBusiness live – latest updatesThe UK government budget came in below its annual borro…
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But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsBusiness live – latest updatesThe UK government budget came in below its annual borro…
UK undershoots annual borrowing target by £700m.
But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsBusiness live – latest updatesThe UK government budget came in below its annual borrowing target by £700m, official figures show – but the Iran war is likely to blow a hole in Rachel Reeves’s carefully calculated fiscal “headroom” over the coming months.The government borrowed a net total of £132bn for the financial year ending in March, the Office for National Statistics (ONS) said.
This slightly undershot the £132.7bn that the Office for Budget Responsibility (OBR) had forecast just last month.
Fonte originale: The Guardian
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