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flag UK reports record public sector surplus, but faces pressure on borrowing and budget forecasts.

flag UK government reported a record public sector surplus of £15.4 billion in January, fueled by higher tax receipts, particularly from self-assessment payments. flag Despite this surplus, overall borrowing for the fiscal year is up £11.6 billion compared to the same period last year. flag Chancellor Rachel Reeves faces pressure to either raise taxes or cut spending as the surplus falls short of expectations and exceeds forecasts by the Office for Budget Responsibility.

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