The Office for National Statistics released public sector net borrowing for the U.K. on Friday. The public sector net borrowing in the U.K. fell to £6.87 billion in December from £12.94 billion in November. November's figure was revised down from £13.56 billion.

Analysts had expected a decrease to £5.5 billion.

Public sector net borrowing excluding public sector banks fell by £4.3 billion to £7.5 billion in December from last year.