UK government borrowing fell sharply last month, due to more income from taxes and higher National Insurance Contributions outweighing spending, figures show. In December government borrowing - the difference between public spending and tax income - was £11.6bn, the Office for National Statistics (ONS) said. It is down £7.1bn - 38% - from the previous December, and lower than what many economists had predicted, but still higher than that borrowed in the same month in 2023. Tom Davies, Deputy