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Boost for chancellor as UK public finances see record-breaking surplus of £XXbn

19.02.2026 19:53 | The Guardian World

Figure is largest January total since records began and marks sharp reversal from December’s deficit of £11.6bnThe UK government enjoyed a record-breaking surplus in January, official figures show, due to a big boost in self-assessment and capital gains tax receipts.In a boost for chancellor Rachel Reeves ahead of her spring statement next month, public sector finances recorded a surplus of £XX billion at the start of the year, according to the Office for National Statistics. Continue reading...

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