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View Full Version : Public Sector Finances Look Vulnerable in the Long Term



NewsBot
23-Jun-14, 19:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Public Sector Finances Look Vulnerable in the Long Term




Data released on 20th june 2014 by the UK Office for National Statistics showed that public sector net borrowing for May 2014 was £13.3 billion, £0.7 billion higher than last May and higher than consensus expectations of £12 billion. With year-on-year GDP growth now at 3.1% in the latest (Q1 2014) figures, the recovery is boosting certain areas of taxation compared to a year ago. [Read Full Article (http://www.caithness-business.co.uk/article.php?id=5050)]