The Caithness Business Index has posted the following article:

Inflation Shock Is Bolstering Tax Revenues, But Putting Public Services Under Further Strain

[IMG][/IMG] Strong tax revenues have helped public borrowing come in 11.4 billion lower than the Office for Budget Responsibility (OBR) forecast in the financial year to date. But while inflation is flattering the public finances today, it is putting even greater pressure on public services whose budgets will need to be revisited in the near future, the Resolution Foundation said on Thursday. [Read Full Article]