The Office for National Statistics released public sector net borrowing for the U.K. on Tuesday. The public sector net borrowing in the U.K. fell to £7.47 billion in October from £8.33 billion in September. September's figure was revised down from £8.63 billion.
Analysts had expected a decrease to £5.5 billion.
Public sector net borrowing excluding public sector banks increased to £8.2 billion in October from £7.1 billion in October 2014.