By August Graham, PA Business Reporter & Lawrence Matheson Economists say that the Chancellor could have room to cut taxes or boost spending, as the Government borrowed less money than expected last month. The Office for National Statistics revealed that public sector bodies borrowed £7.8 billion in December, which was more than £6 billion less than economists had predicted. This borrowing figure was also £8.4 billion less than a year earlier and the lowest December borrowing figure since 2019. “This was mainly due to a large drop in debt interest payments which reflected a fall in monthly RPI…