Member Article

UK public borrowing higher than exepected

The Government borrowed more money than previously anticipated in May, according to the Office for National Statistics.

Excluding financial interventions such as bank bailouts, public borrowing hit £17.9 billion, in comparison with £15.2 billion in the previous year.

Analysts had expected the figure to be around £14.8 billion.

The actual number had raised concerns over the health of the economy.

This was posted in Bdaily's Members' News section by Ruth Mitchell .