UK government borrowing falls to lowest November level in three years

NAMPA / DPA

2024-12-20

London (PA Media/dpa) - UK government borrowing fell to £11.2 billion ($14 billion) last month, the lowest November figure in three years, as tax receipts rose and debt-interest payments fell sharply, according to official data. The Office for National Statistics (ONS) said public sector net borrowing was £3.4 billion lower than the same month last year, in a boost for Finance Minister Rachel Reeves. Economists had predicted £13.3 billion of borr......

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