mo4ch:>UK government borrowing falls more than expected - Mo4ch News

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Thursday, June 21, 2018

mo4ch:>UK government borrowing falls more than expected

UK government borrowing falls more than expected


UK government borrowing falls more than expected







  • 21 June 2018










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Public sector borrowing fell to £5bn in May, down £2bn from a year earlier, official figures show.

The fall was bigger than expected and brings borrowing for the financial year to date to £11.8bn, £4.1bn less than in the same period in 2017.

At the same time, the Office for National Statistics (ONS) revised down its figure for government borrowing in 2017-18 to £39.5bn.

The total was the lowest annual level of borrowing in 11 years.




Source : BBC News - Business

UK government borrowing falls more than expected


UK government borrowing falls more than expected

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