July budget improvement puts deficit cut plan on track

LONDON (Reuters) - The public finances showed a surprise improvement in July as higher taxes and the bank levy boosted government receipts, bringing overall borrowing this fiscal year down and getting the government closer to its deficit reduction targets.

Source: http://uk.reuters.com/article/2011/08/19/uk-britain-finances-idUKTRE77I1H120110819?feedType=RSS&feedName=domesticNews

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