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The Independent UK
The Independent UK
National
Adam Forrest

Government borrowing soars to record £22bn after nearly doubling in a month

PA Wire

Borrowing by Rishi Sunak’s government surged to a record £22bn last month following higher interest costs and cost of living payments to households.

The Office for National Statistics (ONS) said state borrowing leapt £13.9bn compared with the same month last year – the highest figure for November since records began in 1993.

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