Public sector net borrowing in the U.K. declines to £7.47 billion in October

Market news

20 November 2015

Public sector net borrowing in the U.K. declines to £7.47 billion in October

The Office for National Statistics released public sector net borrowing for the U.K. on Tuesday. The public sector net borrowing in the U.K. fell to £7.47 billion in October from £8.33 billion in September. September's figure was revised down from £8.63 billion.

Analysts had expected a decrease to £5.5 billion.

Public sector net borrowing excluding public sector banks increased to £8.2 billion in October from £7.1 billion in October 2014.

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