Tag: public borrowing
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UK Government Borrowing in 2025 Tops OBR Forecasts, Despite December Slip
Overview: A Surprising Beat to the OBR Forecasts New figures from the Office for National Statistics (ONS) show that total government borrowing in December 2024, and for the 2024/25 financial year more broadly, has surprised analysts by surpassing the Office for Budget Responsibility (OBR) forecasts. December borrowing came in at £11.6 billion, noticeably lower than…
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Total Government Borrowing in 2025 Surpasses OBR Forecasts
Overview: Borrowing in December Erases the Gap with Forecasts New figures from the Office for National Statistics (ONS) show that total government borrowing in December 2024–January 2025 reached £11.6 billion. That outturn was notably lower than the City’s forecast of £13.4 billion, offering a sharper close to the calendar year. When the dust settles on…
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ADC slams Tinubu over fresh N1.15 trillion loan, citing debt addiction and policy flip-flops
ADC blasts fresh N1.15 trillion loan request from Tinubu administration The African Democratic Congress (ADC) has openly condemned the latest domestic borrowing request of 1.15 trillion naira, framing it as a troubling sign of policy inconsistency and fiscal recklessness under President Bola Tinubu. As Nigeria grapples with mounting debt and tight fiscal constraints, the ADC…