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Evening Standard
Evening Standard
Business
Holly Williams

‘Little Christmas cheer’ for Reeves as borrowing figures higher than forecast

Chancellor Rachel Reeves has been offered ‘very little Christmas cheer’ (Stefan Rousseau/PA) - (PA Wire)

Chancellor Rachel Reeves has been offered “very little Christmas cheer” after official figures showed higher-than-forecast government borrowing for November.

The Office for National Statistics (ONS) said borrowing stood at £11.7 billion last month, £1.9 billion less than in November last year and the lowest November level for four years thanks to a sharp fall in debt interest payments.

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