
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes, according to official data that underlined the fiscal pressure faced by finance minister Rachel Reeves.
Public sector net borrowing was 17.8 billion pounds ($21.93 billion) in December, more than 10 billion pounds higher than a year earlier, the Office for National Statistics said on Wednesday.
Economists polled by Reuters had