UK government borrowing falls below expectations as tax receipts grow in December
The United Kingdom reported lower than expected borrowing in December at 11.578 billion pounds. Strong tax receipts helped offset rising government spending.
Insights:
The Office for National Statistics reported that the United Kingdom 
GBgovernment borrowed 11.578 billion pounds in December 2025, a figure that came in below the 13.0 billion pounds anticipated by economists polled by Reuters. This data provides the first concrete evidence of fiscal improvement following the November 2025 budget delivered by Chancellor Rachel Reeves rachel reeves. The lower borrowing figure was primarily driven by robust growth in tax receipts, which have helped stabilize the national accounts.
GBgovernment borrowed 11.578 billion pounds in December 2025, a figure that came in below the 13.0 billion pounds anticipated by economists polled by Reuters. This data provides the first concrete evidence of fiscal improvement following the November 2025 budget delivered by Chancellor Rachel Reeves rachel reeves. The lower borrowing figure was primarily driven by robust growth in tax receipts, which have helped stabilize the national accounts.
