Government borrowing - the difference between spending and income from taxes - has fallen to the lowest number in three years. Treasury officials said it showed that Chancellor Rachel Reeves' plan is working. But economists have warned that the good news is likely temporary - if the economic fallout from the Middle East war continues and inflation picks up, the cost of borrowing will increase again. #Borrowing #UK #Government #Taxes #C4News 2 files
Government borrowing - the difference between spending and income from taxes - has fallen to the lowest number in three years. Treasury officials said it showed that Chancellor Rachel Reeves' plan is working. But economists have warned that the good news is likely temporary - if the economic fallout from the Middle East war continues and inflation picks up, the cost of borrowing will increase again. #Borrowing #UK #Government #Taxes #C4News 2 files ♬ original sound - Channel 4 News - Channel 4 News
