UK June Public Sector Net Borrowing Requirement 21 July 2016
– +9.41bln prev
– net banks 7.8bln vs 9.9bln prev
– PSNCR GBP 14.855 bln vs 4.688 bln prev
Public Sector Net Borrowing measures the difference in value between spending and income for public corporations, the central government, and local governments during the previous month. A positive number indicates a budget deficit, while a negative number indicates a surplus.