UK government borrowing falls to £11.6bn in December

Official figures better than expected after record-breaking receipts for the month of DecemberBusiness live – latest updatesThe UK government borrowed less than expected in December, official figures show, after record-breaking receipts, giving a boost to the chancellor.Public sector net borrowing – the difference between spending and income – was £11.6bn last month, the Office for National Statistics (ONS) said, compared with £18.7bn in the same month a year earlier. Continue reading...

UK government borrowing falls to £11.6bn in December

Official figures better than expected after record-breaking receipts for the month of December

The UK government borrowed less than expected in December, official figures show, after record-breaking receipts, giving a boost to the chancellor.

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

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