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Public borrowing rises to £11.8bn in September

Government borrowing rose to £11.8bn in September, an increase of £1.6bn compared with a year earlier, according to the Office for National Statistics.

Economists were forecasting that borrowing would hold steady.

The latest figures are a set back for Chancellor George Osborne, who in March pledged to cut the budget deficit by more than 10% over the next 12 months.

Between April and September borrowing was £58bn, a rise of £5.4bn compared with the same period last year.

Simon Jack reports.

  • 21 Oct 2014
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