Latest borrowing figures threaten Osborne's deficit target

Budget deficit 10% higher last month than in November 2014 – although one-off factors such as £1.1bn in bank fines played a partFears were heightened on Tuesday that George Osborne will miss his deficit reduction targets after the latest official figures showed that the government’s budget deficit was 10% higher last month than in November 2014.The City said the chancellor now faced an uphill struggle to cut the deficit to £68.9bn in the 2015-16 financial year after figur