Jan Tax Take Sees 'Borrowing' In Surplus,...>

UK DATA: Jan Tax Take Sees 'Borrowing' In Surplus, But Below Year Ago

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JAN PSNB-X -GBP9.813BN VS -GBP11.94BN IN JAN 2019}

JAN CGNCR -GBP20.481BN VS -GBP25.88BN JAN 2019}

JAN PSNCR -GBP18.754BN VS -GBP25.07BN JAN 2019}

JAN DEBT/GDP RATIO EX-BOE 72.0% VS 71.8% JAN 2019}

JAN YTD BORROWING GBP44.8BN VS GBP39.0BN JAN 2019}

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UK year-to-date borrowing rose in December to GBP44.8bn, currently 

below the OBR's target of GBP47.6bn for the current financial year, with 

2 months of data left to come.  Debt-to-GDP ratio slipped to 72.0% in 

Dec, although up on Jan '19's 71.8%. The Jan surplus was GBP2.1BN less 

than seen in Jan 2019. The Jan 2020 payment to the EU, the last as a 

full member, was GBP2.1bn, a billion more than in Jan 2019.