Share your thoughts on our News & Insights section. Complete our survey to help us improve.

Reuters: UK budget deficit shows limited room for election giveaways

Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Britain ran up a higher-than-expected budget deficit in November and borrowing in previous months was revised higher too, underscoring the limited room for pre-election tax cuts by Prime Minister Rishi Sunak's government.

This article is more than 6 months old

It was correct at the time of publishing. Our views and any references to tax, investment, and pension rules may have changed since then.