The UK's net public sector borrowing is up £7.4bn for the financial year, totalling over £40bn for April to September.
The country's public debt grew as an absolute figure, but fell by 1.2 per cent as a proportion of GDP.
John Hawksworth from PwC commented, 'Today's data showed the UK public finances heading further into the red,' adding that 'this borrowing overshoot will not make the chancellor's choices any easier as he heads towards his first Budget on 6 November."
Looking ahead to the fiscal event of the year, Sajid Javid has said, 'I will be setting out our plan to shape the economy for the future and triggering the start of our infrastructure revolution.'
Javid has previously stated that the Government is 'turning the page on austerity', with last month's Spending Round allocating around £14bn investment in areas such as health, policing, and Brexit preparation.
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