Blow to council hopes for cash boost

By Michael Burton | 23 April 2024

The prospect of extra cash for councils has faded further with the latest public finance figures showing the UK borrowed more than expected last month.

According to public sector finance figures from the Office for Budget Responsibility (OBR), the Government borrowed £11.9bn in March, which, although £4.7bn less than March last year, was still higher than economists had predicted.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Already a subscriber? Login

Whitehall Finance Autumn Statement General Election Debt Benefits
Top