• +GBP +9.764 bln prev revised from 9.5 bln
  • ex-fin int GBP+0.239 bln vs -0.50 bln exp vs +11.656 bln prev revised from up from +11.368 bln
  • PSNCR mm GBP -9.706 bln vs -11.25 bln exp vs +11.927 bln prev revised up from +11.84 bln

A small deficit vs prev month but not as bad as expected. Not good though and the govt’s deficit is still a major concern

GBP lower at 1.6578 but buyers seen in the dip again

UK PSNBR July

UK PSNBR July