UK government borrowing falls to £11.6bn in December
by Tom Knowles from on (#730T9)
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.
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