• Prior -1.1bn. Revised to -0.5bn
  • Ex-finance 11.6bn vs 11.8bn exp
  • PSNCR 1.6bn vs 6.0bn exp. Prior -9.7bn revised to -7.2bn
  • Central government 3.1bn vs -2.4bn prior. Revised to -2.5bn

No shock to see borrowing coming in higher. Still a big millstone around the UK’s neck. It’s not the data that has sank the pound which continues its bounce to 1.6345 now.

UK PSNBR 23 09 2014

UK PSNBR 23 09 2014