Downing Street Says » Borrowing figures

» Wednesday, November 21, 2012

Borrowing figures

Answering questions on the latest borrowing figures the PMS said the economy was healing but still faced many challenges. What the figures showed was that the Government’s spending plans remained on target. Receipts were slightly lower than forecast at budget reflecting the global economic situation and the downward revision we had seen to growth prospects since March. As we made clear when we received a positive figure for growth in quarter three the UK continueD to face challenging economic circumstanceS and it would take some time to get the deficit down. We would be sticking to our planned reductions and borrowing was still a quarter down on April 2010.

No Comments »

No comments yet.

RSS feed for comments on this post.

Post a public comment

Name (required)
E-mail (required)
(You must give an email address, but it will not be displayed to the public.)
Website
(You may give your website, and it will be displayed to the public.)

Comments:

This is not a way of contacting the Prime Minister. If you would like to contact the Prime Minister, go to the 10 Downing Street official site.

Privacy note: Shortly after posting, your name and comment will be displayed on the site. This means that people searching for your name on the Internet will be able to find and read your comment.

Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.