Government borrowing fell in September, official figures show, helped by higher tax revenues.
Public sector net borrowing, excluding the cost of interventions such as bank bailouts, was £11.1bn, the Office for National Statistics (ONS) said.
The figure is lower than the £12.1bn recorded in September 2012.
The UK’s net public debt pile stands at £1.21 trillion, which is equivalent to 75.9% of GDP.
The government is aiming for a deficit of no more than £120bn this year, excluding the effect of cash transfers from Royal Mail and the Bank of England.
For the first half of the current tax year, the deficit on this measure totalled £56.7bn, down more than 9% compared with the same period a year previously.
via BBC
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