European Economic News

UK Sep Budget Deficit Widens Unexpectedly

U.K. public sector net borrowing, excluding public sector banks, increased unexpectedly in September, figures from the Office for National Statistics showed Friday.

The budget deficit rose by GBP 1.3 billion from prior year to GBP 10.6 billion in September. Meanwhile, it was expected to narrow to GBP 8.5 billion.

From the April to September period, borrowing totaled GBP 45.5 billion, decreased by GBP 2.3 billion compared with the same period of 2015.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More European Economic News