Net public sector borrowing Britain fell in December, contrary to expectations

Net public sector borrowing Britain (Public Sector Net Borrowing) amounted to 15.7 billion pounds in December, said National Statistical Office. Recall that in November the figure was 18.7 billion pounds, and in December predicted decline to 18.6 billion pounds. In December 2008, loans totaled 13.8 billion

Net needs of the state borrowing (Public sector net cash requirements) for the period amounted to 23.6 billion pounds in the forecast 25.5 billion pounds and the previous value of 14.6 billion pounds.