Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

25th May 2022 18:00U.K., Daily Monitor

Public borrowing in April was in line with the OBR’s forecast, but expect upside surprises later this year.

Mr. Sunak likely will not opt to reduce the main rate of VAT; firms would benefit more than households.

Bringing forward April 2023’s large CPI-linked increase in benefits to October would make the most sense.

debt-to-GDP ratio deficit energy energy prices fuel government January March May mpc obr October Ofgem polls productivity public sector rpi rpi inflation services sector tax receipts vat

This publication is only available to UK Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: Upside Risks to Public Borrowing Won't Stop Mr. Sunak Supporting Households

debt-to-GDP ratio, deficit, energy, energy prices, fuel, government, January, March, May, mpc, obr, October, Ofgem, polls, productivity, public sector, rpi, rpi inflation, services sector, tax receipts, vat, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence