Public sector borrowing rises at record level

Public sector borrowing rose in May by £19.9bn., which compares with a rise of £12.2bn in the same month last year.  This is the largest monthly increase since records began.  This means that in the first two months of the new fiscal year, there was a total budget deficit of £30.5bn. Borrowing in April and May was almost 50% up … Continue reading

Posted by Nigel Tree | Comments Off on Public sector borrowing rises at record level