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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