Pantheon Macroeconomics - Public borrowing continues to falling at a very slow pace, despite the major fiscal consolidation implemented this year. Public sector net borrowing excluding public sector banks--PSNB ex.--was £10.5B in August, only 8.1% less than the £11.5B borrowed a year ago.

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22 September 2016 Poor Borrowing Trend Reduces Scope for Stimulus in November

By Samuel Tombs

Public borrowing continues to falling at a very slow pace, despite the major fiscal consolidation implemented this year. Public sector net borrowing excluding public sector banks--PSNB ex.--was £10.5B in August, only 8.1% less than the £11.5B borrowed a year ago.

Posted: 21st Sep 2016 in 'U.K. Documents'

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