UK borrowing slightly lower than forecast in Sept

FAN Editor
FILE PHOTO: British Pound Sterling banknotes are pictured at the Money Service Austria company's headquarters in Vienna
FILE PHOTO: British Pound Sterling banknotes are seen in a box at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017.REUTERS/Leonhard Foeger

October 21, 2021

LONDON (Reuters) – British public borrowing totalled 21.778 billion pounds ($30.1 billion) in September, the Office for National Statistics said on Thursday, slightly below the 22.6 billion pounds forecast by economists in a Reuters poll.

Public sector borrowing for the first half of the financial year fell to 108.1 billion pounds, down by 101.2 billion pounds from April-September 2020 when the public finances faced the full force of the COVID-19 pandemic.

($1 = 0.7239 pounds)

(Reporting by David Milliken)

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