Government borrowing rose to £16.6 billion last month marking the third highest September borrowing since records began, according to official figures. The Office for National Statistics (ONS) said public sector net borrowing was £2.1 billion more than a year earlier.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post and
00:06here are your business headlines for this morning.
00:09Government borrowing rose to £16.6 billion last month, marking the third highest September
00:15borrowing figure since records began. The ONS said public sector net borrowing was £2.1
00:23billion more than a year earlier. Most analysts had expected borrowing of £17.5 billion.
00:30But in the financial year to date, borrowing stood at £79.6 billion, which is £1.2 billion
00:38more than a year earlier, and £6.7 billion more than forecast by the independent fiscal
00:43watchdog, the Office for Budget Responsibility.
00:46So an update this morning on government borrowing figures from the Office for National Statistics.
00:52My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.