Rishi Sunak handed borrowing boost before spring statement
by Richard Partington Economics correspondent from on (#5XC6C)
Figures improve chances of fuel duty or other tax cuts but inflation drives up cost of government debt
Rishi Sunak has been handed a boost from figures showing lower government borrowing than official estimates on the eve of the spring statement.
The figures come despite a sharp rise in debt interest payments last month amid soaring inflation.
Continue reading...