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"All in all, the UK appears to be ending 2012 not in particularly great shape”

Business quote of the day.

The government had to borrow more than expected. Here's a sad baby. Photograph: Getty Images

"All in all, the UK appears to be ending 2012 not in particularly great shape”

James Knightly from ING, on the news that the government had to borrow more than expected in November, with official figures showing borrowing was £17.5bn last month - £1.2bn high than last year.