09:52 Payment to European Union
The public sector borrowing figure for December records a £2.9bn contribution to the European Union budget. The UK gets a £1.2bn refund on that contribution so the final bill will be £1.7bn. You might remember that this bill caused an outrage last year. The payment was deferred until 2015, but the debt is recorded in the December accounts. For more detail see section 8 of the ONS release.