UK's Public Sector Net Borrowing soars

UK's Public Sector Net Borrowing soars

National Statistics relase of public sector finances revealed that the United Kingdom's Public Secotr Net Borrowing rose to an astonishing £15.302Bn in August. 

The previous data was revised down to reflect a net borrowing of £1.991Bn in July. Although a rise in borrowing was expected, forecast anticipated it to be capped by £12.2Bn.

Public Sector Net Borrowing

£15.302B

Actual

£12.200B

Consensus

£1.991B

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