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June Borrowing higher, In part RPI-driven...>

UK DATA
UK DATA: June Borrowing higher, In part RPI-driven Debt Interest Costs  
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JUN PSNB-X STG7.152BN VS STG3.332BN IN JUN 2018
JUN PSNB STG6.50BN VS STG2.68BN IN JUN 2018  
JUN CGNCR STG13.559BN VS STG13.017BN JUN 2018
JUN PSNCR STG15.227BN VS STG15.364BN JUN 2018
JUN DEBT/GDP RATIO EX-BOE 74.8% VS 75.5% JUN 2018
JUN PSNB-X SEES HIGHEST JUNE BORROWING SINCE 2015
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UK public sector borrowing rose sharply in June, in part driven by an 
increase in debt interest payments on the back of RPI increase. Lower 
corporation tax take was also a factor in the unexpectedly-high 
borrowing last month. Corporation tax receipts fell by 1.0%, the biggest 
June fall since 2013. 

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