Government borrowing less than forecast
18 March 2010, 02:47 PM
#1
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Government borrowing less than forecast
UK government borrowing could be less than forecast this financial year after better-than-expected figures for February and revised January data.
The UK government borrowed £12.4bn in February, less than economists had expected, official figures have shown.
The figure for January was also revised sharply downwards, to £43m from £4.3bn.
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
Until recently, most analysts thought the government's borrowing forecast was too optimistic.
Surely no-one in their right mind would allow the Tories (or anyone else) destroy this magnificent turnaround in the economy?
Well done Brown and Darling - cracking stuff
You're still not getting my vote - but, quite clearly, you are both great statesmen and the UK is safe in your hands!
The UK government borrowed £12.4bn in February, less than economists had expected, official figures have shown.
The figure for January was also revised sharply downwards, to £43m from £4.3bn.
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
Until recently, most analysts thought the government's borrowing forecast was too optimistic.
Surely no-one in their right mind would allow the Tories (or anyone else) destroy this magnificent turnaround in the economy?
Well done Brown and Darling - cracking stuff
You're still not getting my vote - but, quite clearly, you are both great statesmen and the UK is safe in your hands!
18 March 2010, 03:00 PM
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LOL, you don't give up do you? 
Not sure your faith in them is justified, but I am equally as worried about the Tories.... a sort of damned if you don't, damned if you do situation.
Not sure your faith in them is justified, but I am equally as worried about the Tories.... a sort of damned if you don't, damned if you do situation.
18 March 2010, 03:21 PM
#3
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Whilst UK government borrowing could be less than forecast this financial year after better-than-expected figures for February and revised January data, its still at an unbearably high level and likely to bankrupt the UK
The UK government borrowed another £12.4bn in February, less than economists had expected, official figures have shown, indicating that they are just "completely useless", rather than "completely fecking abysmally useless"
The figure for January was also revised sharply downwards, to £43m from £4.3bn as it was discovered that someone had placed the decimal point in the wrong place
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast, although whether being "absolutely fecked" is better than being "completely fecked" may be a moot point at the end of the day
Until recently, most analysts thought the government's borrowing forecast was "too optimistic", now they just think its "optimistic"
Surely no-one in their right mind would allow Brown (or anyone else in NL) to continue to destroy the economy?
Well done Brown and Darling - you've really done it this time
You're still not getting my vote as, quite clearly, you are both completely incompetent
The UK government borrowed another £12.4bn in February, less than economists had expected, official figures have shown, indicating that they are just "completely useless", rather than "completely fecking abysmally useless"
The figure for January was also revised sharply downwards, to £43m from £4.3bn as it was discovered that someone had placed the decimal point in the wrong place
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast, although whether being "absolutely fecked" is better than being "completely fecked" may be a moot point at the end of the day
Until recently, most analysts thought the government's borrowing forecast was "too optimistic", now they just think its "optimistic"
Surely no-one in their right mind would allow Brown (or anyone else in NL) to continue to destroy the economy?
Well done Brown and Darling - you've really done it this time
You're still not getting my vote as, quite clearly, you are both completely incompetent
I think that's a bit closer to the mark
And to add some balance to Pete's continual trolling:
From The Guardian
"Labour's strategy for controlling Britain's spending was tonight under fresh challenge when it emerged that the European commission is preparing to demand tougher government action to rein in the UK's record peacetime deficit. In findings which were seized upon by the Conservatives, Brussels warned that the current plans for repairing the black hole in the budget left by a deep and long recession needed to be more ambitious.
"A credible time frame for restoring public finances to a sustainable position requires additional fiscal tightening measures beyond those currently planned," said a draft report, due to be approved by the commission , but leaked to the news agency Reuters. It added: "The overall conclusion is that the fiscal strategy in the convergence programme is not sufficiently ambitious and needs to be significantly reinforced."
The findings are likely to stoke what has become the pivotal political row between the two main parties ahead of next week's budget, and the general election campaign that will follow.
They will add to pressure on the prime minister at a time when Labour's new-year resurgence appears to have stalled. An ICM poll for the Guardian tomorrow shows the gap between the parties has increased, to a nine-point Conservative lead over Labour. It also suggests that Brown's personal unpopularity with the electorate remains a drag on the party's standing, even though the Tories have been beset by their own problems in recent weeks.
Last edited by Devildog; 18 March 2010 at 03:23 PM.
18 March 2010, 03:37 PM
#4
UK government borrowing could be less than forecast this financial year after better-than-expected figures for February and revised January data.
The UK government borrowed £12.4bn in February, less than economists had expected, massaged official figures have shown.
The figure for January was also revised sharply downwards, to £43m from £4.3bn.
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
Until recently, most analysts thought the government's borrowing forecast was too optimistic.
Surely no-one in their right mind would allow the Tories (or anyone else) destroy this magnificent turnaround in the economy?
Well done Brown and Darling - I want to lick your arseholes clean and then kneel before you and feel your salvation all over my face
You're still not getting my vote - but, quite clearly, you are both great statesmen and my **** feels great in your hands!
ps. I am a retard
The UK government borrowed £12.4bn in February, less than economists had expected, massaged official figures have shown.
The figure for January was also revised sharply downwards, to £43m from £4.3bn.
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
Until recently, most analysts thought the government's borrowing forecast was too optimistic.
Surely no-one in their right mind would allow the Tories (or anyone else) destroy this magnificent turnaround in the economy?
Well done Brown and Darling - I want to lick your arseholes clean and then kneel before you and feel your salvation all over my face
You're still not getting my vote - but, quite clearly, you are both great statesmen and my **** feels great in your hands!
ps. I am a retard
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18 March 2010, 04:54 PM
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Economists no **** all. I'm sick to death of economists being " suprised, shocked or revising figures ". What is the point of these feckwits?
As for PSL's OP, if we did borrow less than expected, that can only be a good thing. Still a huge amount of money though.
As for PSL's OP, if we did borrow less than expected, that can only be a good thing. Still a huge amount of money though.
19 March 2010, 10:19 AM
#12
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I was simply reporting what was on the BBC Website ............ do you accuse those at the BBC of trolling? 
Facts are facts, reporting them cannot be considered against the rules of engagement on here, or any other BBS
And the fact is that things are looking much better than forecast, and as you blame the Government for everything - you must be blaming them for this imporovement too?
Facts are facts, reporting them cannot be considered against the rules of engagement on here, or any other BBS
And the fact is that things are looking much better than forecast, and as you blame the Government for everything - you must be blaming them for this imporovement too?
19 March 2010, 10:39 AM
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I was simply reporting what was on the BBC Website ............ do you accuse those at the BBC of trolling?
Facts are facts, reporting them cannot be considered against the rules of engagement on here, or any other BBS
And the fact is that things are looking much better than forecast, and as you blame the Government for everything - you must be blaming them for this imporovement too?
Facts are facts, reporting them cannot be considered against the rules of engagement on here, or any other BBS
And the fact is that things are looking much better than forecast, and as you blame the Government for everything - you must be blaming them for this imporovement too?
But only a retard would not realise that it was flash and his shirt lifter buddies that got us in this mess. Do you have a TV under your bridge
19 March 2010, 10:48 AM
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Whilst UK government borrowing could be less than forecast this financial year after better-than-expected figures for February and revised January data, its still at an unbearably high level and likely to bankrupt the UK
'Could' being the operative word.
whoever takes over will be handed a poisoned challiace, even from the self proclaimed saviour of the world - Our very own Flash Gordon Brown.
'Could' being the operative word.
whoever takes over will be handed a poisoned challiace, even from the self proclaimed saviour of the world - Our very own Flash Gordon Brown.
19 March 2010, 10:50 AM
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I was simply reporting what was on the BBC Website ............ do you accuse those at the BBC of trolling?
Facts are facts, reporting them cannot be considered against the rules of engagement on here, or any other BBS
And the fact is that things are looking much better than forecast, and as you blame the Government for everything - you must be blaming them for this imporovement too?
Facts are facts, reporting them cannot be considered against the rules of engagement on here, or any other BBS
And the fact is that things are looking much better than forecast, and as you blame the Government for everything - you must be blaming them for this imporovement too?
19 March 2010, 02:52 PM
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I think it is wrong to come out with a statement like that. Can you explain why someone should be banned for posting his own beliefs as well as published facts?
Even if I do seriously disagree myself with what he said, I prefer to see fair play.
I think that passing such a remark as yours above is far closer to trolling than anything that he said. it is tantamount to taking advantage with a cheap criticism.
Les
Even if I do seriously disagree myself with what he said, I prefer to see fair play.
I think that passing such a remark as yours above is far closer to trolling than anything that he said. it is tantamount to taking advantage with a cheap criticism.
Les
19 March 2010, 02:52 PM
#18
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Remember that Labour didn't cause the world collapse ..... but they did save it!
That's a FACT - like it or not!
I'm not voting Labour but wouldn't blame anyone who did as they are clearly the party to continue with the good work ........
That's a FACT - like it or not!
I'm not voting Labour but wouldn't blame anyone who did as they are clearly the party to continue with the good work ........
19 March 2010, 04:03 PM
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I was not really trying to break the longest sentence record though!
Wake up Pete!
Les
19 March 2010, 04:13 PM
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19 March 2010, 04:20 PM
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19 March 2010, 08:01 PM
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He has clearly saved your life, and now has borrowed money off a passer-by to pay for your taxi to hospital for you to recover fully ................ that's the truth of what has happened!
19 March 2010, 08:15 PM
#27
It's more like being stabbed by some mugger, and then Brown coming along and stopping the stabbing after just 6 times ..... instead of the intended 10, Then stabbing you a further ten times himself.
He has clearly fukced up your life, and now has borrowed money off a passer-by to pay for your taxi to hospital for you to recover fully, and you will spend the rest of your life paying him, the passerby, the taxi and the hospital, as will your children and your grandchildren. ................ that's the bullsh*t in black and the truth in blue, of what has happened!
He has clearly fukced up your life, and now has borrowed money off a passer-by to pay for your taxi to hospital for you to recover fully, and you will spend the rest of your life paying him, the passerby, the taxi and the hospital, as will your children and your grandchildren
. ................ that's the bullsh*t in black and the truth in blue, of what has happened!Editted for accuracy,
19 March 2010, 08:29 PM
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19 March 2010, 08:49 PM
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No sh&t Sherlock! And Flash was chancellor for how long?? Isn't the chancellor meant to be au fait with complex economics??
He can't have been a complete sham all those years can he???
Dave
19 March 2010, 08:54 PM
#30
[QUOTE=pslewis;9293259]UK government borrowing could be less than forecast this financial year after better-than-expected figures for February and revised January data.
The UK government borrowed £12.4bn in February, less than economists had expected, official figures have shown.
The figure for January was also revised sharply downwards, to £43m from £4.3bn.
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
Until recently, most analysts thought the government's borrowing forecast was too optimistic.
OUTSTANDING it was said in the papers to be the same as someone on 30grand owing 30grand on a credit card with a 200thousand mortgage right sensible that makes my borrowing look llike a small overdraft
The UK government borrowed £12.4bn in February, less than economists had expected, official figures have shown.
The figure for January was also revised sharply downwards, to £43m from £4.3bn.
Revisions for this financial year have now reduced borrowing by £2.9bn, meaning full-year borrowing could beat the government's £178bn forecast.
Until recently, most analysts thought the government's borrowing forecast was too optimistic.
OUTSTANDING it was said in the papers to be the same as someone on 30grand owing 30grand on a credit card with a 200thousand mortgage right sensible that makes my borrowing look llike a small overdraft