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Borrowing Higher Than Expected in May Despite Reeves Tax Rises – Guido Fawkes



Borrowing Higher Than Expected in May Despite Reeves Tax Rises





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New figures from the Office for National Statistics show public sector borrowing was at £17.7 billion in May – £0.7 billion higher than the same month last year. And the second highest since borrowing began…

This is circa £600 million higher than the OBR predicted in its forecast. Despite Reeves raking in additional taxes from April’s hikes…

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