UK government borrowing has reached its highest level in four years, rising to nearly £18 billion.
According to foreign media, figures from the Office for National Statistics show that public sector net borrowing stood at £17.8 billion last month, the third highest for any December.
Borrowing was 10.1 billion pounds higher than the same month last year and more than the 14.1 billion pounds expected by most economists.
The figure was driven mainly by rising interest payments on debt, the ONS said. The data comes as Rachel Reeves, the chancellor, is under pressure as growth continues to slow, despite her election promise to 'recharge' the economy.
We recall that in recent years, the United Kingdom has been in a poor economic situation, which has marked a significant decline from before, writes A2 CNN. (A2 Televizion)
A2 CNN Livestream
MUND TE LEXONI GJITHASHTU
