Public sector borrowing last month was £11.8bn, a record for the month of February.
The official figure, provided by the Office for National Statistics, was nearly double the £6.9bn forecast by economists. Public sector net borrowing now stands at £123.5bn for the financial year so far. This suggests the government remains on course to meet the £149bn borrowing total forecast for the full year.
Net debt, which is the sum of all borrowing, was £875.8bn, the ONS said. That is equivalent to 58% of GDP or total economic output. This time last year, the total was £729.9bn, or 50.8% of GDP.
http://www.bbc.co.uk/news/business-12816898
