Treasury minister: 'This is further evidence that we are dealing with our debts'

The Treasury has tweeted the following comments from Exchequer Secretary to the Treasury, David Gauke, after the latest public sector net borrowing figures were published.

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David Gauke on PSF: “Gov borrowed almost £7bn less last yr than previously estimated, down nearly £40bn from peak 2 yrs ago.” (1/2)

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David Gauke on PSF: "This is further evidence that we are dealing with our debts and getting the deficit down" (2/2)

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Govt borrowing unchanged

The level of Government borrowing remained unchanged last month at £14.4 billion in August, equal to borrowing in the same month last year. It puts the Chancellor under pressure after he pledged to start bringing down debt in 2015/16.