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Now, net debt stood at ?952bn, representative of 64 6pc of GDP.

Net borrowings of public sector came to ￡ 15 6bn last month, ￡ 8bn 14 a year earlier, the Office for National Statistics (ONS) said.

The pound sterling slipped $ 1.57 in the wake of the worst that figure expected, analysts expected to show a decline in loans to 5.3 ￡ 14.

Preferred measurement for loss of profits, which removes the effects of its intervention in the financial sector, Government expanded to 5.3 ￡ 16, from ￡ 15 5bn last year.

At the end of September, net debt stood at ￡ 952bn, representative of 64 6pc of GDP, the highest in the months since the beginning of the records in 1993.

September is usually a month when the deficit is slightly more than the average for the year, economists have noted.

However, the worst figures forecasts are likely to be used by the Government as further evidence of the need for a tight fiscal policy, despite concerns opponents as too stiff contraction expenditure could cause a recession double.

Economists react the said numbers even if they were largely in accordance with expectations, record loan review global government expenditure would grow more into the spotlight.

Hetal Mehta, Daiwa Capital Markets Europe said: "data today highlight the magnitude of the challenge ahead, and that is why we expect any major"report"the announcement of exam expenses later today .the Chancellor should move forward with implementation of wild reductions to achieve its goal."

Samuel graves, economic capital added: "September overflow casts further doubt on the ability of Government to meet June budget forecasts and casts a shadow on the expenditure review".

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