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Eu Budget Payment Pushes Up Uk Borrowing

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http://www.bbc.co.uk/news/business-30931277

UK government borrowing rose to £13.1bn in December, official figures show, largely as a result of a £2.9bn payment to the European Commission budget.

Figures from the Office for National Statistics show public sector net borrowing rose from £10.3bn a year earlier.

From April to December borrowing was £86.3bn, down slightly from the £86.4bn borrowed in the same period a year ago.

The government's borrowing target for the year to April 2015 is £91.3bn.

Although the budget contribution payable to the European Commission appears in the government's December accounts, the actual money will only be paid later in 2015.

So we paid all the £2.9bn in one go then?

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  • 406 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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