The Chancellor faces a challenge in meeting borrowing forecasts despite a bumper public finance surplus in January, experts say.
Source: George Osborne ‘faces government borrowing challenge’ – BBC News
His message is in stark contrast to the positive tone of his Autumn Statement, when he said the UK was “growing fast”.
Source: Osborne warns of ‘dangerous cocktail’ of economic risks – BBC News
…a u-turn on controversial tax credit cuts and a new 3 per cent surcharge on stamp duty for buy-to-let properties…
Source: Key points of the 2015 Autumn Statement at a glance | Daily Mail Online
A fall in income tax receipts sent Britain’s deficit spiralling to £12.1bn in August, the widest shortfall in government funding since 2012.
Source: UK deficit rises steeply after surprise fall in tax receipts | Business | The Guardian