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Government borrowing falls to lowest November level in three years

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Rising tax receipts and lower public sector interest payments offset higher spending on public services, in a boost for chancellor Rachel Reeves.

Government borrowing fell to £11.2 billion last month, the lowest November figure in three years, as tax receipts rose and debt-interest payments fell sharply, according to official data.

The Office for National Statistics (ONS) said public sector net borrowing was £3.4 billion lower than the same month last year, in a boost for chancellor Rachel........

© Shropshire Star


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