Despite an enormous hit to the public finances as a result of the pandemic, the latest evidence is that the budget deficit will undershoot official forecasts, potentially giving the chancellor more room for manoeuvre. But the chancellor is wary about this improvement and is far from ready to relax about borrowing and debt.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Despite an enormous hit to the public finances as a result of the pandemic, the latest evidence is that the budget deficit will undershoot official forecasts, potentially giving the chancellor more room for manoeuvre. But the chancellor is wary about this improvement and is far from ready to relax about borrowing and debt.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: