Agence France-PresseMarch 21, 2014 09:24
British state borrowing worsened in February, official data showed Friday, but the government remains on track to meet the new deficit target unveiled earlier this week.
Public sector net borrowing, the government's preferred measure of the deficit, rose to £9.3 billion ($15.3 billion, 11.1 billion euros) in February.
That compared with £6.5 billion in the same month of 2013, the Office for National Statistics (ONS) said in a statement. Market expectations had been for borrowing of about £8.8 billion.