The Office for National Statistics announced today the biggest decline in public sector net borrowings. The surplus reached GBP 10.7 billion in January, the highest since 2008.
After 11.1 billion pounds deficit recorded in December economists estimated only GBP8.9 billion surplus for January.
Net borrowing in a public sector it’s a difference between income and spending of government and public companies.
British pound was traded at 1.5850 against USD at the time of report release.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
