News and Announcements

ONS cuts government borrowing estimates by £2bn

By Abigail Townsend

Date: Wednesday 08 Oct 2025

(Sharecast News) - Government borrowing has been overstated by £2bn this year, the Office for National Statistics confirmed on Wednesday, after an error was found in the tax receipts used to calculate the data.
The ONS said HM Revenue & Customs had alerted it about inaccuracies in the VAT receipts used...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page