UK public finance figures set to bring good news for coalition parties
March's public finances (09.30 BST) could bring some good news for the coalition parties just two weeks before the election. If borrowing in March sees the same improvement as that seen in the rest of the year, then the …
March's public finances (09.30 BST) could bring some good news for the coalition parties just two weeks before the election.
If borrowing in March sees the same improvement as that seen in the rest of the year, then the full-year deficit would come in at £88.8bn - a bit less than the OBR's £90.2bn forecast in last month's Budget.
According to Capital Economics - "As no major one-off factors distorted March 2014's borrowing of £7.8bn or look set to affect this year's number, a borrowing figure of £7bn likely."
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