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Government borrowing higher than expected in November

Government borrowing higher than expected in November Government borrowing higher than expected in November



UK government borrowing was higher than expected last month, according to the latest official figures.Borrowing – the difference between public spending and tax income – was £11.7bn in November, whereas analysts had been expecting about £10bn.However, the figure was £1.9bn lower than in the same month a year earlier and was the lowest November borrowing for four years.The Office for National Statistics (ONS) said the fall was mainly due to higher receipts from taxes and National Insurance contributions.



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