Reuters
Deals
Surprise deficit raises risk of more UK austerity
Tue, Aug 21 15:10 PM EDT

By Sven Egenter and David Milliken

LONDON (Reuters) - Britain's public finances veered further off track in July after a shortfall in corporation tax revenues and higher spending, putting the government's deficit goals in doubt and raising the prospect of more austerity on top of the planned spending cuts.


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