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Fall in borrowing fuels talk of tax cuts
March 21, 2024
|Evening Standard
A DROP in government borrowing last month has stoked speculation of more tax cuts in 2024, before a likely general election.
February’s headline figure of £8.4 billion was the fourth straight monthly decline, down from £11.8 billion in 2023.
The amount raised on the capital markets to fund the state in the financial year so far is now at its lowest in four years, £106.8 billion.
After the Budget slashed National Insurance for millions of workers last month, putting about £10 billion in the pockets of employees, there has been talk of further cuts in what is likely to be an election year.
هذه القصة من طبعة March 21, 2024 من Evening Standard.
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