Wed, 21 Nov 2012 15:25:41 GMT
U.K. borrows more than expected in October
The U.K. borrowed more than expected last month, causing challenges to finance minister George Osborne, who pledged to drag down the deficit and avert the economy from potential recession. He set a goal of declining the full-year public sector net borrowing to 120 billion pounds.According to the Office for National Statistics the public sector net borrowing surged 5.937 billion pounds