UK govt financing data out a few moments ago
- GBP +10.8bln prev revised down from +11.3bln
- PSNBR ex banking groups £+9.4bln vs +101.1bln exp vs +11.6bln prev revised down from +12.1bln
- PSNCR £+17.9bln vs +0.7bln prev revised up from -0.2bln
Govt total expenditure highest on record for month of Sept
Income, vat, corp tax revnues also highest on record for Sep tho
Delicately poised as it were but govt borrowing "Still unsustainably high" says fin min George Osborne
More from the ONS here
GBP not fazed either way with market focus on ECB tomorrow