January surplus is still highest on record but below the £20bn City economists had forecast
A rise in self-assessment and capital gains tax receipts gave the UK’s public finances a £15.4bn lift in January.
The smaller than expected surplus is still the highest since records began in 1993 and gives Rachel Reeves a shot in the arm after December’s slump, when the public finances recorded a £17.8bn deficit – £10.1bn more than in the same month a year earlier.
Continue reading… The Guardian Read More January surplus is still highest on record but below the £20bn City economists had forecastBusiness live – latest updatesA rise in self-assessment and capital gains tax receipts gave the UK’s public finances a £15.4bn lift in January.The smaller than expected surplus is still the highest since records began in 1993 and gives Rachel Reeves a shot in the arm after December’s slump, when the public finances recorded a £17.8bn deficit – £10.1bn more than in the same month a year earlier. Continue reading…
