Lower energy company profits prompt borrowing rise

The unexpected increase in borrowing in November came after tax receipts were hit by lower energy company profits.

Government borrowing rose to £17.5 billion, up £1.2 billion from last year
Government borrowing rose to £17.5 billion, up £1.2 billion from last year Credit: Press Association

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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.