Article preview: Right now, the Government is borrowing an awful lot of money. The financial support package to get the country through the Covid-19 pandemic was and continues to be significant. Despite continued support for jobs through the furlough scheme, the latest data shows that government borrowing fell in April, thanks to an easing of lockdown measures and the start of a recovery for the UK economy.
Public borrowing is high but falling
This 353-word blog post considers the latest figures from the Office for National Statistics (ONS) for public borrowing and debt, and what it could mean for future tax rises. Written on 25th May 2021.
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