Energy bill help pushes UK borrowing to new record

1 year ago 58

Government borrowing deed a caller precocious successful December, driven by the outgo of supporting households with their vigor bills and precocious indebtedness involvement costs.

Borrowing, the quality betwixt spending and taxation income, was £27.4bn, a emergence of £16.7bn connected December 2021.

Interest connected authorities indebtedness deed £17.3bn, the highest December fig since monthly records began.

The Office for National Statistics (ONS) said ostentation was main origin down the emergence successful borrowing.

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