Government borrowing rises in November

December 22, 2015 9:43 am Published by

Government borrowing rises in November

  • 22 December 2015
  • From the section Business

Sterling notesImage copyright
Thinkstock

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.

Categorised in:

This post was written by FSB News