Don't Stop Me Now

I'm havin' such a good time, I'm havin' a ball

Government borrowing reached a record monthly high in May, according to the latest set of official figures.

Public sector net borrowing hit £8.7bn in May, the Office for National Statistics (ONS) said, the highest level since records began in 1993.

The ONS said the jump was driven by a 7.5% rise in government spending, which outweighed a 4.3% rise in receipts.

Never mind Gordo, you can always dip into the charity box.

(With humble apologies to Queen)

Filed under: Politics, New Labour Spin