Warning despite net surplus boost

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The Government recorded the biggest surplus on its public finances for five years in January, but experts warned George Osborne would still miss this year's borrowing targets after another blow to his deficit-busting plans.

The Chancellor was left nursing a £5.1 billion black hole after the Office for National Statistics (ONS) said not all of the funds transferred from the Bank of England's economy-boosting programme were allowed to go to government coffers.
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