fromwww.theguardian.com
4 days agoUK borrowed more than expected in November amid pre-budget pressure
Figures from the Office for National Statistics (ONS) showed public sector net borrowing the difference between spending and income was 11.7bn last month, 1.9bn less than in the same month a year earlier. In the first snapshot since the November budget, the reading was above City predictions of a 10bn deficit. Tom Davies, an ONS senior statistician, said: Despite an increase in spending, this month's borrowing was the lowest November for four years.
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