The tax effect: Reeves borrowed less than OBR forecast

City AM — Apr 23, 06:12 AM

Reeves is facing pressure over the state of government borrowing. (Getty) https://www.cityam.com/wp-content/uploads/2026/04/GettyImages-2271864671.jpg?w=1107" />

Chancellor Rachel Reeves oversaw lower government borrowing than the Office for Budget Responsibility forecast in the financial year 2024 to 2025, it has been revealed, pointing to the effect sweeping tax hikes have had in narrowing the deficit.

The Office for National Statistics has shown that government borrowing over the last financial year was £132bn https://www.cityam.com/the-tax-effect-reeves-borrowed-less-than-obr-forecast/">[...]

Read full article at City AM →

UK borrowing hits three-year low

Annual Government borrowing drops unexpectedly to lowest in three years The Standard — Apr 23, 07:49 AM
Latest figures show UK Government borrowing drops to lowest in three years The National — Apr 23, 06:39 AM
Annual Government borrowing drops unexpectedly to lowest in three years The Argus — Apr 23, 06:42 AM
Annual Government borrowing drops unexpectedly to lowest in three years The Independent — Apr 23, 06:35 AM
Annual Government borrowing drops unexpectedly to lowest in three years The Standard — Apr 23, 06:35 AM