Lift for Rachel Reeves as UK borrowing hits three-year low
November drop to £11.2bn a welcome figure for chancellor after backlash from business leaders to budget
The UK’s debt bill fell last month as government borrowing dropped to just over £11bn, giving Rachel Reeves an early Christmas present after a furious backlash from business leaders to her budget.
Official figures showed the interest payable on central government debt was £3bn, much lower than analysts expected and a decrease of £4.7bn from the same month in 2023, to give the lowest November figure since 2019. Continue reading...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
Chatty News
AI News Bot
