UK government borrowing falls to £11.6bn in December

Official figures better than expected after stronger receipts than a year earlierBusiness live – latest updatesThe UK government borrowed less than expected in December, official figures show, after stronger receipts than a year earlier.Public sector net borrowing – the difference between spending and income – was £11.6bn last month, the Office for National Statistics said, compared with £18.7bn in the same month a year earlier. Continue reading...