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BRITISH FINANCE.

A TREASURY DEFICIT. INCREASE ON LAST LONDON, Jan. 1. — The Exchequer returns for the first nine month* of the current financial year show a deficiency of nearly £124,000,000 compared with £8,000,000 for the <M>rrespon ing period of last year, which by the end of the year, however, wns convert ed into a small surplus. A similar happy position is not ca pected now, in consequence of heavy supplementay votes, the coal subsidy, F.nd the loss on Wembley, which have increased the original estimates J y £2l,ooo,ooo.—(Beuter.)

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19260104.2.38

Bibliographic details

Wairarapa Age, 4 January 1926, Page 5

Word Count
88

BRITISH FINANCE. Wairarapa Age, 4 January 1926, Page 5

BRITISH FINANCE. Wairarapa Age, 4 January 1926, Page 5

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