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HMRC

HMRC Q1 net debt falls 13% to £50bn

The figure for the three months ended June 30 also represents a 31% cut from the highest level of net debt seen during the pandemic in August 2020

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HMRC has reported that net debt fell to £50bn in Q1 FY21, a 13% fall from the £57.5bn debt seen at the end of the previous quarter.

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