TaxCorporate TaxBudget2011: Public borrowing figures down to £29bn by end of Parliament

Budget2011: Public borrowing figures down to £29bn by end of Parliament

Public borrowing figures will be down will be down to £29bn by 2015/16, the chancellor has announced

PUBLIC BORROWING FIGURES will be down will be down to £29bn by 2015/16, the chancellor has announced.

Last year’s figure was £146bn this year, George Osborne said. The Office for Budget Responsibility said the figure for this coming year will be £112m; £101m in 2012/13; £70bn in 2013/14; £46bn in 2014/15; and end up at £29bn by the final year of the Parliament.

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