UK November public sector net borrowing £6.3 billion vs £7.0 billion expected

Author: Justin Low | Category: News

Latest data released by ONS

  • Prior £8.0 billion; revised to £5.6 billion
  • PSNB (ex-banks) £7.2 billion vs £7.7 billion expected
  • Prior (ex-banks) £8.8 billion; revised to £6.4 billion
  • PSNCR £4.4 billion vs -£3.3 billion prior
Of note, public sector debt (ex-banks) falls to £1.795 trillion and that is equivalent to 83.9% of GDP, the lowest since January this year. There's nothing for traders to really gather from this report at the moment after Hammond delivered the budget back in October. For now, the data here will remain a non-event.

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