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City AM
City AM
By Jack Barnett Britain is tipped to have borrowed nearly £23bn last month to help pay for capping energy bills at £2,500, according to City analysts’ consensus forecast. Fresh numbers out from the Office for National Statistics on Tuesday are expected to show the gap between what the government generates in revenue from taxes and spends on public services widened from £16.7bn in February. Chancellor Jeremy Hunt and Prime Minister Rishi Sunak have been covering the difference between what energy supplies pay to supply homes with gas and electricity and keeping typical bills at £2,500 for sever…
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