– Treasury spokesman
Today's data shows that the forecast for 2011/12 is on track, with public borrowing down by £11 billion compared to the previous year.
This shows that the Government's plan to reduce the budget deficit is working.
Public sector borrowing was £126bn in the financial year to March, including £18.2bn last month, official figures said. The figures show a fall of £11bn over the last financial year, despite a surprise rise in March.