Tag: tax receipts

UK Public Sector Borrowing lower than expected in September

UK Public Sector Borrowing lower than expected in September

The Office for National Statistics (ONS) has today revealed UK public sector net borrowing fell last month. According to the ONS, public sector net borrowing came in at a lower than expected £14.1 billion in September, boosted by tax receipts. Analysts had expected borrowing to total £14.5 billion. Furthermore, the ONS revised down the borrowing [...]

October 21, 2011 More
UK borrowing higher than forecast in April

UK borrowing higher than forecast in April

The Office for National Statistics (ONS) has today revealed UK public sector borrowing was higher than expected last month, due to a decline in tax receipts. According to the ONS, public sector borrowing was £10 billion in April, compared with £7.3 billion last year. Last year’s figure was boosted by £3.5 billion by the tax [...]

May 24, 2011 | 0 Comments More
Government borrowing exceeds £14bn in June

Government borrowing exceeds £14bn in June

The Office for National Statistics (ONS) has today revealed public sector borrowing totalled £14.5 billion in June. While the figure was slightly lower than the £14.7 billion seen in June last year, it surprised economists who expected the figure to be around £13.1 billion. Overall, Government debt stands at £926.9 billion – the equivalent to [...]

July 20, 2010 | 0 Comments More
UK public sector net borrowing less than expected in Feb

UK public sector net borrowing less than expected in Feb

The Office for National Statistics (ONS) has today revealed the UK Government borrowed a further £12.4 billion in February. However, while the figure represented the highest amount for February on record, it was less than economists had forecast. Overall, debt stands at £857.75 billion - the equivalent to 60.3% of GDP, up from 50.5% a [...]

March 18, 2010 | 0 Comments More
Public sector borrowing soars by £14.8bn in September

Public sector borrowing soars by £14.8bn in September

Figures from the Office for National Statistics (ONS) have revealed that public sector borrowing rose by £14.8 billion in September. Net borrowing for the first half of the financial year now stands at £77.3 billion - the worst figure for the April to September period on record. This may result in the Government having to [...]

October 20, 2009 | 0 Comments More
Public sector borrowing in worst July deficit

Public sector borrowing in worst July deficit

Figures released today by the Office for National Statistics have revealed the poor state of the UK’s finances after public sector net borrowing totalled £8 billion last month - the highest level for the month of July for 13 years. Traditionally, July is a bumper month as it includes a quarterly corporation tax bill. The [...]

August 20, 2009 | 0 Comments More