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Bank of England, 1914 war loans and a patriotic cover-up

Bank of England secretly plugged a multi-million-pound hole in Britain's finances during World War I, covering up the failure of one of the country's apparent patriotic triumphs

1 min read8 Aug 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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