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View Full Version : Public Sector Finances, UK - August 2023 - Highest August Borrowing Since Monthly Rec



NewsBot
22-Sep-23, 09:11
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Public Sector Finances, UK - August 2023 - Highest August Borrowing Since Monthly Records Began In 1993




Public sector net borrowing excluding public sector banks (PSNB ex) in August 2023 was £11.6 billion, £3.5 billion more than in August 2022 and the fourth highest August borrowing since monthly records began in 1993. PSNB ex in the financial year to August 2023 was £69.6 billion, £19.3 billion more than in the same five-month period last year but £11.4 billion less than the £81.0 billion forecast by the Office for Budget Responsibility (OBR). [Read Full Article (https://caithness-business.co.uk/article/21377)]