• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Managed Accounts

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

UK Public Sector Borrowing Declines in March, But Stays Within Historic Highs

April 26, 2022 by Forex Winner Leave a Comment

Public Sector

Source: Office for National Statistics

Public sector net borrowing declined year-on-year in March but remained among historic highs. EWU is down 0.55%, while EZU is flat premarket.

  • Public sector net borrowing excluding public sector banks (PSNB) was at £18.1 billion in March, £8.8 billion lower than in March last year.
  • The latest reading is the second-highest March borrowing since records started in 1993.
  • PSNB stood at £151.8 billion, half the £317.6 billion recorded in the same period in the previous year.
  • The latest reading was the third-highest financial year borrowing since data collection started in the financial year ending March 1947.
  • The public sector current budget deficit, excluding public sector banks fell to £89.5 billion or 3.8% of GDP, a third of the £245.8-billion deficit in the past year.
  • Central government receipts for the period jumped by £105.3 billion to £830.0 billion, including £619.9 billion of tax receipts.
  • The central government current expenditure dropped by £50.3 billion to £893.3 billion, reflecting the £67.4 billion decline in subsidies.

And here is a golden tip

Want to profit from forex news? These forex robots earned the best historical yields to investors. Check out Best Forex Robots

Filed Under: Forex News Tagged With: Public Sector, UK

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

four + = nine

Primary Sidebar

Latest News

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

May 20, 2022

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

May 20, 2022

Great Britain Retail Sales Rebounds as Buying Activity Climbs

Great Britain Retail Sales Rebounds as Buying Activity Climbs

May 20, 2022

Best Forex Robots

  1. Happy Forex 8.0
  2. Forex Fury 7.7
  3. Promax Gold EA 6.8
  4. Gump EA 6.4
  5. Forex inControl Reborn 6.0

Footer

Forex Broker Reviews

lmfx

LMFX Review

December 23, 2019 By Forex Winner

FxPro

FxPro Review

March 20, 2020 By Forex Winner

ayondo

Ayondo Review

June 14, 2019 By Forex Winner

Forex Robot Reviews

Genius Asset Review

Genius Asset Review

May 19, 2022 By Forex Winner

My Forex Path Review

My Forex Path Review

May 12, 2022 By Forex Winner

Powerhouse EA

Powerhouse EA Review

April 29, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure