Borrowing rose to £17.4bn last month, the second highest October figure since monthly records began in 1993 and despite a rise in inheritance tax receipts.
City economists had expected a smaller figure, of about £12.3bn for October, after the government borrowed more than £ 16 in September.
The Office for National Statistics (0NS) said public sector net borrowing was £1.6bn higher than in the same month last year.
This story is from the November 22, 2024 edition of The Guardian.
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This story is from the November 22, 2024 edition of The Guardian.
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