Buy or Sell Cryptocurrency Stocks
Markets

UK PSNBR Nov GBP 13.6bln vs 11.1bln exp

Latest UK govt borrowing data now out

  • £6.7bln prev revised down from 7.5bln
  • PSNB ex banks £14.2bln vs 11.8bln exp vs 7.4bln prev revised down from 8.2bln
  • PSNCR £5.38bln vs £8.85bln Nov 2014

Increased borrowing but better revisions although not enough to make any real difference

The UK govt still a lot to do to address this big problem

Public sector net debt excluding public sector banks at the end of November 2015 was £1,536trln, equivalent to 80.5% of GDP, an increase of £71.9 billion compared with November 2014.

GBPUSD just dipping back below 1.4900 on the news pushing EURGBP nearer 0.7350

Full release from the ONS here and there is also a useful guide to UK public sector debt here as part of your Xmas reading!

I'm stepping away now. Ryan will be along to see what's happening later

Have a good day one and all

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos