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ICAEW responds to ONS report on public sector finance
Alison Ring, public sector and taxation director for the ICAEW has responded to the public sector finance numbers released by the Office for National Statistics (ONS)
The ICAEW has warned of “economic storm clouds” over the fiscal outlook after the Office for National Statistics revealed that public sector net borrowing excluding public sector banks (PSNB ex) was £14.0bn, the third-highest May borrowing since monthly records began in 1993.
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