UK’s budget deficit to last a quarter of a century
It has been reported that the Conservative Party plans to achieve a budget surplus by 2025. The Centre for Policy Studies has provided an analysis of the changing borrowing forecasts. Key points In 2010-11, the Coalition Government pledged to eliminate the cyclically adjusted current budget deficit by 2014-15. Public sector net borrowing was planned to reach 2.1% of GDP by 2014-15…. View Article
