Public sector net borrowing fell slightly to £120.6 billion in the year to March 2013, the Office for National Statistics announced today.
The figure is just below net borrowing in the year to March 2012, with was £120.9 billion.
This is after removing the effects of the transfer of the Royal Mail Pension Plan and the transfers from the Bank of England Asset Purchase Facility.
More top news
After the heatwave come the storms, with lightning flashes illuminating the night sky across much of the country last night.
An Independence Day event at a UK base has been cancelled by the US Air Force over security fears.
British firms predict the economy should sustain a "solid" pace of growth for the rest of the year thanks to lower oil prices and inflation.