Salar posted on October 20, 2008 23:42
U.K. public sector net borrowing soared to a record level for the month of September, with spending outpacing receipts as the economy slowed, data from the Office for National Statistics showed Monday. Public sector net borrowing totaled GBP8.1 billion in September, up from GBP4.8 billion in September 2007 and the highest level for the month on record since 1993.
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