U.K. Posts Smaller-Than-Forecast Budget Surplus as Taxes Stall

Britain posted a smaller-than-forecast budget surplus in January as taxes from incomes and company profits fell. Revenue exceeded spending by 4.7 billion pounds ($7.8 billion) last month, compared with 6 billion pounds a year earlier, the Office for National Statistics said in London today. A su…

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U.K. Posts Smaller-Than-Forecast Budget Surplus as Taxes Stall