Rachel Reeves given extra £3bn for budget after VAT error fixed

ONS says public borrowing estimates have been out by 200m-500m a month since January

Mistakes in recent public finances data mean government borrowing has been overstated by a cumulative 3bn, the Office for National Statistics has said.

In a fillip that gives Rachel Reeves a little bit more wriggle room in her November budget, the ONS said its estimates of public borrowing had been out by 200m-500m a month since January.