Home / Forex News / UK Budget Gap Widens On Debt Servicing

UK Budget Gap Widens On Debt Servicing

The UK budget deficit increased in October due to higher debt costs linked to rising prices, the Office for National Statistics reported Tuesday. Public sector net borrowing, excluding public sector banks, increased by GBP 0.5 billion from the previous year to GBP 8 billion in October. The deficit was forecast to narrow to GBP 7.1 billion.
Read Full Story