UK November PSNB 22.774 bln, demonstrably higher than median forecast of 17.0 bln. Highest on record.

PSNCR 16.811 bln, also above median forecast of 14.0 bln.

Cable down 20 points or so at 1.5515.

UPDATE: UK Treasury says the November PSNB data shows why government has had to take decisive action to take UK out of financial danger zone.

But have they done enough?

Cable reaches session low 1.5490, EUR/GBP session high .8491.