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Public sector borrowing rises

Public sector net borrowing rose by £600 million to £15.4 billion in December, according to the Office for National Statistics.

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Borrowing figures could 'threaten UK credit rating'

The question is how long the UK can hold on to its AAA status. With the US and France having been downgraded by one ratings agency in the past couple of years, another disappointing UK borrowing number and a widely expected contraction in GDP on Friday will intensify the threat of the UK suffering the same fate

– Economist, James Knightley

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