Today's Borrowing figures will come as welcome good news for the Government.
It was announced that the Labour Government borrowed £12.4bn in February, which was less than expected. January's initial figures have also been revised from £43bn to £4.3bn.
So the Government could be on target to beat their £178bn Borrowing forecast for the full financial year.
This will please the Chancellor no end and will reinforce the argument that Labour's strategy for dealing with the recession is working well.
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