Between April and June 2018, Government borrowing fell to its lowest level since 2007, Borrowing for the financial year has so far reached £16.8bn which is £5.4bn less than the same period in 2017 according to the office for national statistics.
Public sector finances, UK: June 2018
Analysts have advised that borrowing is falling faster than predictions had indicated. Pointing to a less austere Budget.
Chancellor Phillip Hammond has previously stated that tax rises will be needed for extra NHS funding as the government remains committed to bringing down the budget deficit.
