20 Dec 2002
As official figures published yesterday showed the UK's finances falling further in to the red, economists are predicting that Britain's net borrowing for the year could be as high as £30bn, a significant increase on the prediction of £20bn made in Brown's pre-Budget report.
The rise in borrowing could lead to higher taxes or cuts in public spending in the long-term and could force the chancellor to adjust his public borrowing requirement figures again in the March Budget.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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