UK government borrowing falls to £11.6bn in December

Published 3 hours ago
Source: theguardian.com
UK government borrowing falls to £11.6bn in December

Official figures better than expected after stronger receipts than a year earlier

The UK government borrowed less than expected in December, official figures show, after stronger receipts than a year earlier.

Public sector net borrowing – the difference between spending and income – was £11.6bn last month, the Office for National Statistics said, compared with £18.7bn in the same month a year earlier.

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