The UK achieves its largest budget surplus in history with a significant increase in tax revenues.

The UK has achieved the largest budget surplus in history, with public finances experiencing a windfall month, thanks to a sharp increase in capital gains tax revenue and a decrease in debt repayment. Official data released on Friday showed that in January, government income exceeded expenditure by 30.4 billion, with a surplus increase of 15.9 billion compared to the same period last year. This figure surpassed the previous estimate of 24 billion. The deficit for the first ten months of this fiscal year was 112.1 billion, lower than the Office for Budget Responsibility's estimate of 120.4 billion, bringing some relief to UK Chancellor of the Exchequer Rishi Sunak.