Public finances deficit widened in December to 25.5 billion pounds compared with the previous 16.8 billion pounds which was revised to 17.4 billion pounds shortfall, while analysts expected the deficit to narrow to 16.3 billion pounds.

Public sector net borrowing came in at 15.3 billion pounds from the prior 22.8 billion pounds which was revised to 19.7 billion pounds and forecasts of 18.0 billion pounds.