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Public sector borrowing falls by £7.6bn, data finds

As things stand, there’s a “good chance” borrowing will come in below the OBR’s full-year forecast. But this will be influenced by the size of any measures announced by the Government to ease pressure on households from high fuel bills.

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Public sector net borrowing in December came in at £16.8bn, £7bn lower than a year earlier, according to EY.

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