LONDON, Nov 21 (Reuters) – Britain’s public sector net borrowing rose much more strongly than economists had forecast in October, official data showed on Wednesday, casting doubt on whether the country will meet its short-run deficit reduction goals. ANALYST COMMENT VICTORIA CLARKE, INVESTEC Public finances data is pretty disappointing, coming with a significant overshoot of expectations. This will be concerning for the Chancellor and give him a bit more work to do for the Autumn statement in terms of bringing the UK finances back on track.
Instant View – Public finances worse than forecast in October
Posted by getsomenews.com on Nov 21, 2012