News and Announcements

Government borrowing hits record high

By Abigail Townsend

Date: Wednesday 21 Dec 2022

(Sharecast News) - Public sector borrowing more than doubled in November, official data showed on Wednesday, fuelled by government intervention on soaring energy bills and cost of living payments.
According to the Office for National Statistics, public sector net borrowing excluding banks (PSNB ex) was a record £22.0bn last month, well...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page