Latest data released by ONS - 20 March 2020
- Prior -£10.5 billion; revised -£12.4 billion
- PSNB (ex banks) £0.3 billion vs £0.8 billion expected
- Prior -£9.8 billion; revised to -£11.7 billion
- PSNCR £1.4 billion
- Prior -£18.8 billion; revised to -£19.1 billion
The headline reading is less-than-expected, as the UK posts a slight budget deficit as opposed to a slight budget surplus for the month of February. Notably, the ex-banks borrowing was the smallest for the month of February since 2017.