Rachel Reeves is urged to avoid a 'doomed loop' of spending cuts after government borrowing soared to £17.8bn in December - a four-year high
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a story from The Daily Mail 💩 › The Daily Mail
Borrowing - the shortfall between tax revenues and spending - hit £17.8 billion in December, £10.1 billion up on last year and £3.7 billion above a forecast by the Office for Budget Responsibility (O…