icScotland - Borrowing rise threatens AAA status
icScotland logo
icScotland News Sport icHomes
Search icScotland for:
Today's UK news
News  UK  Today's UK news  Article

Borrowing rise threatens AAA status

10:05, Jan 22 2013

 

Britain's coveted AAA rating has come under further pressure after official figures showed another leap in public sector borrowing.

The figure, excluding financial interventions such as bank bailouts, was £15.4 billion in December, compared with £14.8 billion in the same month the previous year.

It is slightly worse than the £15.2 billion pencilled in by economists.

It comes after an unexpected increase in November, when borrowing rose to £17.5 billion, up £1.2 billion from last year, after tax receipts were dented by lower energy company profits.

 
Sturgeon in economic policy attack
Scores killed by 200mph tornado
Deal rescues gay marriage bill
Doors founder Manzarek dies at 74
The Doors founder dies aged 74
Dozens killed by 200mph tornado
Cut schools budget, says think-tank
Warning over social care reforms
Work Programme is failing, say MPs
Obesity prospects 'set in womb'
Bed sharing 'raises cot death risk'
Agreement saves gay marriage bill
PM seeks to soothe local Tory anger
MPs' bid to foil gay marriage bill
PM 'did not raise Google tax row'
Church backs gay ministers motion
Police should not name arrested
Blast kills man and daughter-in-law
Briton not charged over deaths
'Jihadist files' in Qatada home

Top Top

Back Back

E-mail this article to a friend

Printable VersionPrintable version

 
News  UK  Today's UK news  Article
 


Copyright and Trade Mark Notice
© owned by or licensed to Scottish & Universal Newspapers Limited 2013.
icScotland™ is a trade mark of Scottish & Universal Newspapers Limited.
Please read our Terms and Conditions and Privacy Statement before using this site.

 
Advertisements
 
Jobs in Scotland: