According to the latest official data, the UK government was less than expected in July.
Borrow – The difference between public spending and tax income – was £ 1.1bn in July, below the same month below the same month, the office of the National Statistics (ONS) said.
ONS stated that it was the lowest July figure for three years, and reflects a strong growth in tax and national insurance receipts.
Borrowing in the first four months of the financial year has now reached £ 60BN, the ONS said, which is £ 6.7bn from the same period last year.
