The UK budget deficit narrowed in March, reaching its lowest level for the month since 2022, the Office for National Statistics reported Thursday.
Public sector net borrowing fell by GBP 1.4 billion to GBP 12.6 billion in March. This was the lowest March borrowing since 2022.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.