correspondent alice baxter. good morning. take us through these latest figures, if you would? goad latest figures, if you would? good morninu. latest figures, if you would? good morning- we _ latest figures, if you would? good morning. we have _ latest figures, if you would? good morning. we have had _ latest figures, if you would? good morning. we have had the - latest figures, if you would? (13mm morning. we have had the official monthly borrowing numbers from the office for national to, borrowing being the difference between tax, income and spending. —— tax income and spending. the second highest borrowing numberfor and spending. the second highest borrowing number for organ since records began. it is £5.5 billion less than the august number four last year. —— the second—highest borrowing members for august. i am joined by hsbc�*s senior uk economist, liz martins. this number is less of a sharp drop than many economists expected? yes. than many economists expected? yes, for the last few — than many economists expected? yes, for the last few months _ than many economists expected? yes, for the last few months we have had really _ for the last few months we have had really sharp drops in government funding, — really sharp drops in government funding, it — really sharp drops in government funding, it has been much lower—than—expected because the economy— lower—than—expected because the economy has done better, revenue and