21/06/2013

ONS Figures Show Rise In Yearly Govt Borrowing

New figures from the Office of National Statistics has revealed that government borrowing rose in 2012-13.

Public sector borrowing rose by £300,000 for the same period a year previously, rising to £118.8bn.

However, the rise has been noted due to the revising down by the ONS of the previous borrowing figure, by £2.4bn to £118.5bn.

The latest monthly figures actually show a fall in borrowing, from £15.6bn in May 2012 to £12.7bn in May this year.

The full list of figures is available via the ONS.

(MH/JP)

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