New figures released by the Office for National Statistics today show public sector net borrowing is £2 billion higher than previously estimated - in the last financial year £76 billion was added to the national debt.
Jonathan Isaby, Chief Executive of the TaxPayers' Alliance, said:
"Missing targets has become the norm for this Chancellor and after six years at the helm of the public finances his excuses are wearing very thin indeed. For all the tough talk, since 2010 the national debt has increased by nearly £600 billion - four times more than the government will spend on health this year. It really is time to stop blaming previous governments and find the savings that have been promised."