- GBP 6.073 bln prev revised up from 4.86 bln
- PSNB ex-fin int GBP 7.364 bln vs 4.5 bln exp vs 7.905 bln prev revised up from 6.693 bln
- PSNCR m/m GBP -10.585 bln vs 15.655 bln prev revised down from 15.72 bln
Attention was on the Q1 GDP 2nd reading which came in as per forecast but these borrowing numbers ( bigger than expected budget deficit ) don’t make good reading and the market was long
GBPUSD down to 1.6880 EURGBP up at 0.8101
UK PSNBR mm April
