Borrowing dropped below OBR forecast last year, Torsten Bell notes

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Hanna Syniavska

23.04.2026

Borrowing dropped below OBR forecast last year, Torsten Bell notes — UK borrowing under OBR forecast

The United Kingdom recorded a significant reduction in borrowing last year, according to recent public finance data highlighted by Torsten Bell.

Bell also noted that the UK's borrowing not only came in below the Office for Budget Responsibility's (OBR) March forecast but also marked the first time during the Conservative government's tenure that the UK borrowed less than the G7 average. This shift follows a period in which the UK consistently exceeded G7 borrowing averages.

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Bell has previously detailed a bill to consolidate dormant pension pots aimed at reducing extra fees and supporting pension growth. In another instance, he listed over £700,000 in tax avoidance tied to Richard Tice, covering unpaid and aggressively avoided sums. These topics show a focus on both fiscal policy and individual financial conduct.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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