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Budget2012: Borrowing target met

THE chancellor revealed that borrowing for 2011/12 would be £126bn, a billion pounds lower than predicted.

Next year will see £120bn, then £98bn in 2013/14, followed by £75bn, £52bn and £21bn over the ensuing years.

 

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Justin Moss, Partner, High Wycombe, MHA MacIntyre  Hudson