Rare boost for Reeves as government gets record borrowing surplus

"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground."

"It is the highest borrowing surplus when the government receives more in tax and other revenues than it spends for any month since records began in 1993. In what will be a relief for the chancellor as she prepares to deliver the spring statement, the surplus was 6.3bn bigger than predicted by the Office for Budget Responsibility (OBR) and 15.9bn higher than the same month a year ago."

An appeal emphasizes The Independent’s on-the-ground reporting across issues from reproductive rights to climate change and Big Tech, and asks for donations to fund reporters and avoid paywalls. The outlet cites investigations into Elon Musk's pro-Trump PAC and a documentary, 'The A Word', about American women fighting for reproductive rights. Recent UK figures show a public sector net borrowing surplus of £30.4bn in January, the largest monthly surplus since records began in 1993. The surplus exceeded OBR predictions by £6.3bn and was £15.9bn higher than January last year. The rise was driven by a jump in self-assessed tax payments and lower debt interest.

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