UK public finances off track after July surplus disappoints - business live

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UK public finances off track after July surplus disappoints - business live
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Rolling coverage of the latest economic and financial news

Just in: the UK is on track to MISS its borrowing targets this financial year. The latest public finances, just released, show that Britain posted a smaller budget surplus than hoped in July. The gap between spending and borrowing came in at £1.3bn in July, down from a £3.5bn surplus a year ago. Economists had expected the national coffers to swell by £2.7bn, as July is a big month for self-assessment tax payments.

 

Doesn't matter, the actual economy does.

Ask Boris. He knows where it’s hidden

Oooops. What shall we do...?!?! I know: 'Hur hur projekt feer!' There. All better.

Spending on BrexitShambles blowing a big hole in public finances. Government desperate. For Brexit at any cost. Why, why, why $

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