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Evening Standard
Evening Standard
World
David Bond and Jonathan Prynn

Budget boost for Hunt as economy shows £5.4bn monthly surplus

Budget Jeremy Hunt United Kingdom European Union

Chancellor Jeremy Hunt received a boost ahead of his budget on Tuesday as new figures showed the UK recorded a bigger than expected surplus of £5.4 billion last month.

After announcing record public sector borrowing of £27.4 billion in December, the UK’s public finances bounced back despite “substantial spending” on energy support schemes, record debt interest and one-off EU payments.

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