Government borrowed fourth highest amount in October since monthly records began in 1993

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The figure is actually £7.5bn less than economists had expected, despite borrowing being £4.4bn more than the same month last year and £1.8bn more than in pre-COVID-19 October 2019.

in an"extreme" scenario, according to Cornwall Insight, which became a prominent voice in predicting levels for the energy price cap before it was replaced by the government's energy price guarantee last month.Advertisementyear of 2019, and the fifth highest in a financial year since records began in 1993.

The Office for Budget Responsibility estimated that the debt interest payable on central government's debt will be £120.4bn for the whole of 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

50 Million a week on Illegal Scrounging Migrants

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Power Rangers star Jason David Frank dies at 49Mighty Morphine Power Rangers, about five teenagers deputised to save Earth from the evil, made its debut on Fox in 1993 and went on to become a pop-culture phenomenon. So sads Mighty ‘morphine’ ManchesterEven 🥺 Fuck 2022
Source: MENnewsdesk - 🏆 23. / 69 Read more »

I lost my wife in the Troubles, there should be 'genuine concern' over Brexit protocol violence'I lost my wife in the Troubles, there should be genuine concern over Brexit protocol violence.' There are growing fears after leading loyalist groups were reported to be re-evaluating truces which underpin the Good Friday Agreement. Need more Prevent teams to help stamp out religious extremism.
Source: i newspaper - 🏆 8. / 89 Read more »

Train cancellations hit record highThe worst individual operator for the 12 months to October 15 was Avanti West Coast. Not shocked about this with AvantiWestCoast The only surprising thing about this, is that it’s only the last 12 months, they are a shocking operator and the sooner they lose their licence the better Should never have got rid of Virgin
Source: ShropshireStar - 🏆 98. / 51 Read more »

A hung parliament in Malaysia augurs more bad government and instabilityWhen one politician brandishes written pledges of support from a majority of lawmakers, stable government beckons. Two politicians brandishing the same is a promise of chaos La trampa de las democracias en el mundo, Ma) be but this is democracy in action
Source: TheEconomist - 🏆 6. / 92 Read more »

Labour promise to abolish the House of Lords if elected to government - here’s whyLabour leader Sir Keir Starmer is expected to confirm plans to abolish the House of Lords in the next manifesto. This is the stupidest lie they could conceivably announce. There is no chance of this going through as they would need the support of the house lords to do this. Labour should be wiser than promising Brexit size deals that aren't viable. Wise up SirKeirKC AngelaRayner get rid of these money grabbers,close it down mot
Source: LeedsNews - 🏆 48. / 63 Read more »

UK government borrowing higher as energy bill support help beginsGovernment borrowing rose last month as energy support schemes for households and businesses started. In this critical situation of Britain, the government may make some money by auctioning the crown jewels. Apparently we are paying for their Christmas parties on expenses try reporting that All those billions lost would be handy about now. Who was chancellor that lost that much money with no personal risk?
Source: BBCNews - 🏆 3. / 97 Read more »