Tuesday, March 21, 2006 

Guardian: Brown may struggle to meet targets after shortfall hits £2.3bn Gordon Brown's budget preparations received a last-minute setback yesterday when a jump in government spending and slower growth in tax receipts led to the biggest deficit in the public finances for a February since Labour came to power. Following the record surplus piled up by the Treasury in January, the size of last month's £2.3bn shortfall surprised the City, with most analysts predicting that the chancellor would now struggle to keep the annual deficit to the £37bn predicted in the pre-budget report last December.
posted by Johnny  @ 8:29 AM 0 comments


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