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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Government borrowing rises above forecasts to £24.5bn ahead of Budget

Chancellor of the Exchequer John Healey (Yui Mok/PA) - (PA Wire)

UK government borrowing rose by more than expected to £24.5 billion for last month, underscoring the constraints in the public finances ahead of the Chancellor’s Budget next week.

The Office for National Statistics (ONS) reported that public sector net borrowing increased by £1.8 billion compared with the same month last year.

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