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
Rock band Radiohead return with a new song, having deleted most of their social content in the last few days.
Kandyce Downer had been made the legal guardian of toddler Keegan, who was found to have sustained more than 150 injuries.
Disneyland have announced a new wedding venue in the Magical Kingdom - the beautiful East Plaza, with stunning views of Cinderella castle.