UK borrowing reduces Chancellor’s wiggle room
Published by Michael Graves on Fri, 10/05/2024 - 9:41amHigher than expected government borrowing has reduced the Chancellor’s ‘wiggle room’ at a pre-election Budget.
Government borrowing - the difference between spending and tax income - was £120.7 billion in the year to March, according to the latest figures from the Office for National Statistics (ONS).