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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.

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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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