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21st Sep 2022 15:00U.K., Daily Monitor

  • Public borrowing has tracked the OBR's forecast this year, but government spending now will soar.
  • Loans to energy suppliers, to limit energy price rises, will boost the cash requirement, but not borrowing.
  • We look for a gross financing requirement of about £325B in 2023/24, but the outlook is very uncertain.

cpi electricity energy government government spending March March forecasts mpc natural gas obr October ois ois rates pension public finances public sector rpi tax receipts yields

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Keywords for: 22 Sept 2022 UK Monitor

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