Tuesday, September 21, 2010

UK's Public Sector Net Borrowing soars


National Statistics relase of public sector finances revealed that the United Kingdom's Public Secotr Net Borrowing rose to an astonishing £15.302Bn in August. 



The previous data was revised down to reflect a net borrowing of £1.991Bn in July. Although a rise in borrowing was expected, forecast anticipated it to be capped by £12.2Bn.

Public Sector Net Borrowing

£15.302B
Actual
£12.200B
Consensus

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