empty
 
 

2018.08.2104:39:00UTC+00UK Logs Budget Surplus In July

The UK budget balance turned to surplus in July, the Office for National Statistics reported Tuesday.

Public sector net borrowing, excluding public sector banks, was in surplus by GBP 2.0 billion in July, a GBP 1.0 billion greater surplus than in July 2017. This was the largest July surplus for 18 years.

Public sector net debt totaled GBP 1.77 trillion at the end of July, equivalent to 84.3 percent of gross domestic product.

In the current financial year-to-date period, the budget deficit totaled GBP 12.8 billion, which was GBP 8.5 billion less than in the same period in 2017. This was the lowest year-to-date net borrowing for 16 years.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback