Public borrowing rises to £11.8bn in September
Government borrowing rose to £11.8bn in September, an increase of £1.6bn compared with a year earlier, according to the Office for National Statistics.
Economists were forecasting that borrowing would hold steady.
The latest figures are a set back for Chancellor George Osborne, who in March pledged to cut the budget deficit by more than 10% over the next 12 months.
Between April and September borrowing was £58bn, a rise of £5.4bn compared with the same period last year.
Simon Jack reports.
21 Oct 2014
- From the section Business