British 5 pound banknotes are seen in this image illustration taken November 14, 2017. REUTERS/ Benoit Tessier/Illustration

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LONDON, June 23 (Reuters) – British government borrowing in May, the second month of the monetary yr, totalled 13.99 billion pounds ($17.15 billion), the Office for National Statistics stated on Thursday.

Economists polled by Reuters had a median forecast of 12.0 billion pounds for this measure, which excludes public-sector banks.

($1 = 0.8156 pounds)

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Reporting by William Schomberg, enhancing by William James

Our Standards: The Thomson Reuters Trust Principles.

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