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Chancellor George Osborne has been given a boost ahead of next month's Budget after official figures showed the UK posted its largest budget surplus in four years.
Public borrowing surged to a record £10bn in April, according to the Office for National Statistics (ONS).
Public sector borrowing hit a record high in November, said the Office for National Statistics.
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Morgan Stanley has launched a lending book for European ETFs across multiple issuers, to create greater liquidity and supply of ETFs for investors increasingly seeking to borrow these funds.
The government was forced to borrow £13bn in June, almost double the amount in the same month last year, as shrinking tax receipts continued to put pressure on public sector finances.
Government borrowing rose by a record £90bn in the last financial year, according to figures released today.
The Government borrowed a record amount of more than £8bn in September as it attempts to spend its way out of recession.
The Council of Mortgage Lenders (CML) has called on the Government to take a more holistic approach to housing market issues in a research article.
HM Treasury has “shot itself in the foot” by refusing to reconsider the borrowing rules introduced on A-Day for buying commercial property through SIPPs, claims Hornbuckle Mitchell.
Almost one in five homeowners could be vastly over-paying on their mortgage by staying on the lender’s standard variable rate (SVR), claims a new report.
Those in their early 30s have the highest borrowing of any age group, and are the most likely to skip repayments, claims Alliance & Leicester.
Chancellor of the Exchequer Gordon Brown claims Great Britain now has the healthiest inflation level for over a century and has climbed the table to have the 2nd highest economic growth of the G7.
Higher interest rates have not had the expected impact on mortgage borrowing, according to the British Bankers’ Association (BBA).
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