UK Budget Deficit Better Than Expected
Austerity combined with an improvement in tax revenue helped the UK show a better budget deficit than expected Bloomberg reports that Britain’s budget deficit narrowed more than economists forecast in November as tax revenue increased and the government’s fiscal squeeze…
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Austerity combined with an improvement in tax revenue helped the UK show a better budget deficit than expected
Bloomberg reports that
Britain’s budget deficit narrowed more than economists forecast in November as tax revenue increased and the government’s fiscal squeeze restrained spending.
The news may be a “one off”. The government continues to predict a slowdown in the nation’s economy
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