The state of the UK’s public finances deteriorated further in January, according to official figures.
The Office for National Statistics said the government had borrowed a further £4.3bn last month.
It is first time the government has borrowed money in January since records began in 1993.
January typically brings the government a large income from tax receipts, giving it a budget surplus and allowing it to repay some of its debts.
But this year tax receipts were significantly lower than expected, the ONS said, with both income tax and capital gains tax income falling sharply.
BBC
