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The Guardian - UK
The Guardian - UK
Business
Larry Elliott Economics editor

Energy support sends UK government borrowing to December record

United Kingdom Ruth Gregory
A red teapot is on the boil and steam is pouring out of the spout
Energy support added just over £9bn to public spending, according to the ONS. Photograph: BA E Inc./Alamy

Government payments to soften the impact of rocketing energy bills helped send UK public borrowing soaring to more than £27bn last month – the highest figure for December since modern records began 30 years ago.

The latest bulletin on the health of the UK’s finances from the Office for National Statistics showed government spending last month exceeded receipts by £27.4bn.

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