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Government borrowing less than forecast

24

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Not sure I'm quite believeing the stats here! Borrowed 43m in Jan, and 12.4bn in feb?!?

    The reason for the discrepancy is that some taxes (eg VAT) are paid quarterly ni Jan, Apr, Jul and Oct so the net Government spend for those months is usually strongly positive.

    It's the same in most countries and is a big problem if a country defaults as they then find it expensive to borrow to cover these short term cashflow lulls.
  • The_White_Horse
    The_White_Horse Posts: 3,315 Forumite
    if brown wins we are all doomed. look how he acts now, as an unelected unopposed nothing. if he thinks he has a mandate to "get on with the job" from the morons, sorry people, then god help us all.

    if labour get in, the country will be ruined forever. it will already take a generation to clean up their stinking mess - and unfortuantely, that is a generation of idiots following their, ahem, education under labour. you can see the prime minister in 20 years saying "dis is ma main man, da prez of da states, wot isya doin 'ere bro?"

    god help us all.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kohoutek wrote: »
    He's hardly powerful now, since Brown has overruled him on economic matters before.

    If Brown wins, then he will feel he has legitimacy to replace Darling with his close friend and original first choice as Chancellor

    How come Blair didn't dump Brown after 97 icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • abaxas
    abaxas Posts: 4,141 Forumite
    StevieJ wrote: »
    How come Blair didn't dump Brown after 97 icon7.gif

    Every double act needs a straight man.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    abaxas wrote: »
    Every double act needs a straight man.

    Not one with knife in his hand.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    StevieJ wrote: »
    How come Blair didn't dump Brown after 97 icon7.gif

    Because they made a long standing secret agreement not to? Because Brown had loads of allies in the Labour Party and still does?

    I've heard of Blairites and Brownites but not Darlingites yet.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kohoutek wrote: »
    Because they made a long standing secret agreement not to? Because Brown had loads of allies in the Labour Party and still does?

    I've heard of Blairites and Brownites but not Darlingites yet.

    The Darlingites are the voters icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    stueyhants wrote: »
    Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
    My Oh does this, wants to buy something for £200 and eventually we end up buying something similar for £150.

    How shall we spend the £50 we saved? She says.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    StevieJ wrote: »
    The Darlingites are the voters icon7.gif

    Does Gordon Brown care what voters think? News to me.

    I like Alistair Darling, comes across as a decent bloke, but he clearly doesn't see eye to eye on Brown with regards to fiscal policy.
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    That's actually really good news for pretty much everyone except those wanting a crash.

    Seems almost too good to be true...
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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