The Treasury had to borrow a net £7.8bn in December to tide itself over as the chasm between its spending and the amount brought into its coffers expanded to record proportions.
The monthly deficit was £5.1bn for the last month of 2007 which eclipsed all previous Decembers and was £1.4bn higher than the same month last year, Office for National Statistics figures showed.
Net borrowing for the financial year to date climbed to £43.6bn, £11.4bn more than in the same nine months in 2006-07 significantly more than Mr Darling's full-year forecast of £38bn for 2007-08.
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