UK public borrowing hits record high in November

LONDON: Public borrowing in the United Kingdom rose to a one-month record in November at 23.3 billion pounds ($36.1 billion), higher than forecast.

Updated 21 December 2010 17:52

Associated Press

December 21, 2010 17:52

The figure released Tuesday by the Office for National Statistics beat the previous one-month high of 21.1 billion pounds in December 2009.

Public borrowing for the year beginning in April now stands at 104 billion pounds, broadly in line with the government’s projections and matching borrowing in the previous year.