Michael Burton 23 April 2024

Blow to council hopes for cash boost

Blow to council hopes for cash boost image
Image: AmbrosiniV / Shutterstock.com.

The prospect of extra cash for councils has faded further with the latest public finance figures showing the UK borrowed more than expected last month.

According to public sector finance figures from the Office for Budget Responsibility (OBR), the Government borrowed £11.9bn in March, which, although £4.7bn less than March last year, was still higher than economists had predicted.

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