Borrowing Rises Above Forecasts in July – Guido Fawkes New figures from the Office for National Statistics show
that total UK debt is at £2.985 trillion. A hair’s breadth of the £3 trillion mark… Borrowing was higher
than OBR forecasts at £1.8 billion in July, up £0.7 billion on the same month last year. Self-assessed income tax was
collected last month and total receipts reached £17.1 billion, £1.7 billion higher than last year. The Treasury is
still borrowing above forecasts… John Healey said: “Fiscal discipline is the bedrock of our UK economic
stability and national security which is why we are committed to meeting our fiscal rules, with a buffer against global
uncertainties. We are cutting the deficit faster than any other G7 economy, while giving people a bit of breathing space
with cost of living pressures and focusing support to get young people into work.” Mel Stride has released a video on
what it means for debt to reach £3 trillion and how much the UK is spending on servicing its debt. Borrowing is
taxation deferred… Westminster Spad List SUBSCRIBE Most ReadHarry & Meghan Demand Privacy From PressLabour MP
Deletes Post Claiming Private Sector Would Not Exist Without Government Contracts£9.54 Million in Costs for
Harry's Failed Campaign Against Daily Mail PublisherGuido Whispers: Building Bridges...Borrowing Rises Above
Forecasts in JulyLibDems & Amnesty Wage War on 'Christian Nationalism' Lord Khan in the Telegraph:
“I hope, and I say this in a non-pompous way, that the public service I do will bring rewards in this world and
the hereafter,” he says. “I’m hoping the work I do is earning me Brownie points.”