Government borrowing fell by £35.8bn to £85.1bn in 2012-13. PSNB was £120.9bn in 2011-12. In April government borrowing was £6.3bn, £25.4bn up on April 2012 when it was -£19.1bn. At the end of April 2013 government debt was £1,185.3bn or 75.2% of GDP. PSND in April 2012 was £1,086.5bn or 70.6% of GDP.
The current budget, the difference between receipts and expenditure for April was -£5.6bn compared with -£8.2bn in 2012 a difference of £2.5bn. Net investment was £0.7bn.
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