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Government borrowing fell by more than expected last month, to £4.1bn from £4.9bn a year earlier.

It was the lowest borrowing figure for the month of September since 2007, the Office for National Statistics said.

Borrowing for the year to date is 35% lower at £19.9bn, potentially giving Chancellor Philip Hammond room for manoeuvre in the upcoming Budget on 29 October.

The ONS said it was the lowest year-to-date total since 2002.

Economists had expected a September borrowing figure of £4.5bn.


BBC News

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