UK Borrowing Higher Than Expected - Debt Support Trust -
UK Wide Debt Advice Charity
Call us at 0800 085 0226
E-mail: contact@debtsupporttrust.org.uk

UK Borrowing Higher Than Expected

UK Borrowing Higher Than Expected

According to latest statistics released by the Office For National Statistics, UK borrowing was higher that expected in the month of April.

Public borrowing reached £10bn compared with £7.3bn last year which is higher than the £6.5bn analyst's expected.

Samuel Tombs, at Capital Economics, said he believed the government would struggle to meet its borrowing forecasts this year.

However, he added: "Nonetheless, these are just one set of figures and the trend in borrowing should improve as more of the spending cuts kick in later this year."

Debt Support Trust is a registered debt advice charity (SC041902) providing debt advice on a range of debt solutions including;

Benefits Advice

General Debt Advice

Individual Voluntary Agreement (IVA)

Protected Trust Deed (Scotland)

Refinance

Bankruptcy

Sequestration

Debt Management Plan

Post a comment