Investing.com - U.K. public sector net borrowing deteriorated in December, official data showed on Thursday.
The Office for National Statistics reports that U.K. public sector borrowing, the difference between spending and income, was £12.47 billion in December, up from £11.73 billion in November.
Analysts had expected the U.K. public sector net borrowing to total £9.0 billion in December.
GBP/USD was trading at 1.5162 from around 1.5165 ahead of the announcement, while EUR/GBP was at 0.7664 from 0.7666 earlier.
Meanwhile, European stock markets were mixed. London's FTSE 100 rose 0.25%, the EURO STOXX 50 inched up 0.25%, France's CAC 40 dipped 0.1%, while Germany's DAX declined 0.1%.
Investing.com offers an extensive set of professional tools for the financial markets.
Read more News on Investing.com and download the new Investing.com apps for Android and iOS!