Government borrowing rises in November
22 December 2015
- From the section Business
Government borrowing rose in November from a year earlier, according to the latest figures from the Office for National Statistics (ONS).
Borrowing for the month was £14.2bn, up by £1.3bn compared with November 2014.
The ONS said last November’s figure was boosted by a one-off gain of £1.1bn in fines from financial institutions for foreign exchange rigging.
Total borrowing for the financial year to date is now £66.9bn, down £6.6bn from the same point last year.
This post was written by FSB News