Public borrowing hits record high for August | Reuters

Light trails made by a passing bus illuminate the night sky in front of the Houses of Parliament, February 4, 2010.

Credit: Reuters/Luke Macgregor

By Fiona Shaikh and Sumeet Desai

LONDON | Tue Sep 21, 2010 6:44pm BST

LONDON (Reuters) - Britain's budget deficit last month hit a record high for the month of August as higher inflation forced the government to shell out nearly three times more in interest payments than it did last year.