Rachel Reeves given extra £3bn for budget after VAT error fixed - short news
ONS says public borrowing estimates have been out by £200m-£500m a month since January
Mistakes in recent public finances data mean government borrowing has been overstated by a cumulative £3bn, the Office for National Statistics has announced.
In a fillip that gives Rachel Reeves a little bit more wriggle room in her November budget, the ONS said its estimates of public borrowing have been out by £200m-£500m a month since January.
Continue reading...source: The Guardian - 08.10.2025