{"id":3116,"date":"2011-01-25T15:10:34","date_gmt":"2011-01-25T15:10:34","guid":{"rendered":"https:\/\/mmm.9dotdigital.ca\/?p=3116"},"modified":"2025-03-27T15:49:09","modified_gmt":"2025-03-27T15:49:09","slug":"uk-public-borrowing-back-on-course-for-undershoot","status":"publish","type":"post","link":"https:\/\/mmm.9dotdigital.ca\/?p=3116","title":{"rendered":"UK public borrowing back on course for undershoot"},"content":{"rendered":"<p>After two heavy months, public sector borrowing fell back sharply in December, to its lowest seasonally-adjusted level since November 2008 &ndash; see chart. If the adjusted run-rate in the final quarter of 2010-11 matches the average for the first nine months, full-year borrowing will be &pound;146 billion, below the Office for Budget Reponsibility&#8217;s November forecast of &pound;148.5 billion. A larger undershoot, indeed, is possible, partly reflecting additional receipts from the VAT hike to 20% (forecast to raise &pound;2.85 billion in 2010-11).<\/p>\n<p><span class=\"full-image-block ssNonEditable\"><span><img decoding=\"async\" style=\"width: 680px;\" src=\"\/storage\/chart3_25-01-2011.gif?__SQUARESPACE_CACHEVERSION=1295969133325\" alt=\"\" \/><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After two heavy months, public sector borrowing fell back sharply in December, to its lowest seasonally-adjusted level since November 2008 &ndash; see chart. If the adjusted run-rate in the final quarter of 2010-11 matches the average for the first nine months, full-year borrowing will be &pound;146 billion, below the Office for Budget Reponsibility&#8217;s November forecast [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3116","post","type-post","status-publish","format-standard","hentry","category-money-moves-markets"],"_links":{"self":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/3116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3116"}],"version-history":[{"count":1,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/3116\/revisions"}],"predecessor-version":[{"id":5425,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/3116\/revisions\/5425"}],"wp:attachment":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}