Government borrowing lower than expected in November

Quick Summary:

Public sector borrowing was £11.2bn last month, the lowest November figure since 2021.

Debt interest was down £4.7bn to £3bn, mainly due to lower inflation.

Borrowing - the difference between spending and tax take - was £11.2bn last month, the lowest November figure since 2021 and lower than economists expected.

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Article Details

Author / Journalist: BBC News

Category: Business

Markets: United Kingdom

Topics: Fell Government External November Debt Borrowing Spent Interest Year Payments Lower

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 07:18:36 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 111 words

Reading Time: 1 minutes read

Sentences: 26 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24566055

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 8 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

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