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Boost for chancellor as UK public finances see record-breaking surplus of £XXbn
UK News•February 19, 2026 at 5:53 PMNational

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

By Tom Knowles•The Guardian - UK News

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...

Figure is largest January total since records began and marks sharp reversal from December’s deficit of £11.6bn

The 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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