Government borrowing comes in higher than expected in November

£14.3bn throughout the month

Government borrowing came in higher than expected throughout November, as interest rate payments on the debt continued to climb.

Throughout November, public sector borrowing totalled £14.3bn, £900m less than the month before but higher than the expected £12.9bn forecast from economists, according to data from the Office for National Statistics. This was the fourth highest November results since records began in 1993. The fall in borrowing came largely from the end of energy price schemes by the government, the ONS said, but noted that these reductions "were offset by other inflation-related costs, such as increased benefit payments". UK inflation falls further than expected in November to 3.9% Interest pa...