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UK Oct Public Borrowing Grows Unexpectedly

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UK Oct Public Borrowing Grows Unexpectedly Empty UK Oct Public Borrowing Grows Unexpectedly

Post  Admin on Fri Nov 20, 2015 11:47 am

UK Oct Public Borrowing Grows Unexpectedly
U.K. public sector net borrowing, excluding public sector banks, increased unexpectedly in October, figures from the Office for National Statistics showed Friday. 
The PSNB, excluding public sector banks, climbed to GBP 8.2 billion in October from GBP 7.1 billion in the same month last year. Meanwhile, it was expected to narrow to GBP 6.0 billion. 
For the April to October period, borrowing totaled GBP 54.3 billion versus GBP 60.9 billion a year earlier.


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