+++ PSBR New September Record £14.8 Billion +++

Data released today showed that public sector net borrowing rose to £14.8 billion in September, the highest ever level of borrowing on record for the month, increasing from £8.7 billion a year ago. Gordon’s big and bloated government is overspending by £493 million a day or £20 million an hour, 24 hours a day, every day. More money is going out on the costs of failure – welfare payments – than is coming in from income tax.


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