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Government borrowing overshoots forecasts

By Abigail Townsend

Date: Friday 20 Sep 2024

(Sharecast News) - Higher-than-expected borrowing in August pushed public sector net debt to 100% of GDP, official figures showed on Friday.
According to the Office for National Statistics, public sector borrowing - the difference between spending and tax revenue -reached £13.7bn in August.

That was £3.3bn more than August 2023...

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