The Independent (November 21)
“The latest public sector borrowing figures are enough to have anyone inside 11 Downing Street heading for the drinks cabinet. The total came to £17.4bn in October; that’s £1.6bn more than this time last year, £5bn higher than City forecasts, and…. worryingly close to the £18.2bn recorded in October 2020, during the height of the pandemic.” All of this suggests “more tax rises could be on the way.”
Tags: £17.4bn, 2020, Borrowing, Downing Street, October, Pandemic, Public sector, Tax rises
Financial Times (February 24)
Germany and Italy now appear to be backing Brussels hardliners on fixing the bill for Brexit. They are supporting Michel Barnier, the chief EU negotiator, “in seeking progress on divorce terms as an opening step.” The move to focus “on Britain’s €60bn exit bill” will come as a major “blow to Downing Street.”
Tags: Barnier, Brexit, Brussels, Divorce terms, Downing Street, EU, Germany, Hardliners, Italy, Negotiator
