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Record in public sector borrowing Record in public sector borrowing
(10 minutes later)
The UK's public sector net borrowing totalled £14.8bn last month, official figures have shown.The UK's public sector net borrowing totalled £14.8bn last month, official figures have shown.
The figure from the Office for National Statistics (ONS) was slightly lower than economists had expected but was still a record for September.The figure from the Office for National Statistics (ONS) was slightly lower than economists had expected but was still a record for September.
The rise takes net borrowing to £76.2bn for the six months of the financial year so far. The government expects borrowing to total £175bn in 2009.The rise takes net borrowing to £76.2bn for the six months of the financial year so far. The government expects borrowing to total £175bn in 2009.
The government's overall debt now stands at £824.8bn, or 59% of GDP.The government's overall debt now stands at £824.8bn, or 59% of GDP.
That includes about £142bn as a result of banking bail-outs.That includes about £142bn as a result of banking bail-outs.
Economists had expected borrowing to come in at £15.3bn in September.Economists had expected borrowing to come in at £15.3bn in September.
The net borrowing figure for the six months was the worst figure for the April-to-September period on record.The net borrowing figure for the six months was the worst figure for the April-to-September period on record.
The figures may raise speculation that the government's forecast for annual borrowing could be revised upward in the pre-Budget report, which is expected in November.The figures may raise speculation that the government's forecast for annual borrowing could be revised upward in the pre-Budget report, which is expected in November.