The UK has recorded the largest monthly budget surplus in history at 14.9 billion, strongly above the 9.9 billion that was a "consensus" among economists and treasury analysts.
This means year-to-year borrowing is now 21 billion and is set to be that way until April's budget statement, beating the doommonger Brexit re-forecasts/target of a 26 billion budget deficit for the financial year.
Capital gains tax increased by over 20% in a single year despite a slowdown in house prices and equity growth. Borrowing is now at its lowest since 2001, when Labour randomly decided to end Britain's budget surplus and send it down a spiral of gigantic deficits in the 7 years preceding the financial crisis against all economic widsom, exacerbating the crisis and causing public services cuts to be bigger than they'd have to be.
https://www.ft.com/content/989ad7cc-35b ... 459962a812