Treasury Minister Sajid Javid
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Government's plans 'are on track' after January surplus

January's public sector finance surplus of £11.4bn shows that the government's economic plans are on track, according to Treasury Minister Sajid Javid.

The figures from the Office for National Statistics showed the surplus was £5bn higher than in the same month in 2012, but net borrowing for the financial year to date was £1.5bn higher at £93.8bn.

January often records a surplus thanks to an influx of money from tax self-assessment and corporation tax.

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