Britain's deficit falls to its lowest level since the 2008 financial crash FINALLY hitting the EU's target - Daily Mail
Britain's net borrowing has been slashed to its lowest level since the 2008 economic crash - finally hitting targets laid out in the EU's Maastricht treaty.
The UK's deficit - the gap between the amount of money the country raises and the amount it spends - fell to £47 billion in the last financial year.
This is a drop of nearly £30bn in a year and the equivalent of just 2.4 per cent of gross domestic product, according to the Office for National Statistics.
It is the first time in nearly a decade that the figure has fallen below the 3 per cent target laid out in the Maastricht Treaty.
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