UK budget deficit overshoots, turning fiscal screw on Sunak government
By Andy Bruce LONDON (Reuters) -Britain’s government borrowed more than expected in the 2023/24 financial year, data showed on Tuesday, in bad news for Prime Minister Rishi Sunak who hopes to woo back voters with tax cuts ahead of a national election. The budget deficit for 2023/24 totalled 120.7 billion pounds ($149 billion), equivalent to …
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