Public sector net borrowing in the U.K. climbed to £13.1 billion in December

Market news

22 January 2015

Public sector net borrowing in the U.K. climbed to £13.1 billion in December

The Office for National Statistics released public sector net borrowing for the U.K. on Thursday. The public sector net borrowing in the U.K. rose to £13.1 billion in December from £10.3 billion a year earlier, missing expectations for a decline to £9.2 billion.

The increase was driven by a £2.9bn payment to the European Commission budget.

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