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Evening Standard

Business

City Staff

UNBELIEVABLE: Ftse 100 live borrowing surges in december record primark sales boost - The Untold Story

Government borrowing today surged by more than expected to post the highest December figure since monthly records began in 1993.

The cost of energy support schemes and a jump in debt interest resulted in public sector borrowing of £27.4 billion, some £16.7 billion higher than the same month in 2021 and above City expectations for a figure of £17.75 billion.

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