Financial Times FT.com

UK finances slide further into the red

By Norma Cohen

Published: December 18 2008 10:24 | Last updated: December 19 2008 01:07

Britain’s public finances slid further into the red in November, with a drop in receipts from income tax contributing to a current budget deficit of £13bn ($19.6bn) against a shortfall of £8.1bn the year before.

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