Government borrowing lower than expected in November
Source: BBC
Government borrowing fell in the year to November as more money was raised from taxes and less was spent on the country's debt interest payments, according to official figures.Borrowing - the difference between spending and tax take - was £11.2bn last month, £3.4bn lower than the same month last year and the lowest November figure since 2021.Debt interest was down £4.7bn to £3bn, mainly due to lower inflation.The…
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