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ONS corrects PSNBex data

UK DATA

The ONS states that: "This affected Public Sector Net Borrowing (excluding Public Sector Banks – PSNB ex) data for the period April 2020 to August 2021 inclusive, which was overstated by £4.6 billion, or 1.4%, in the financial year ending March 2021 and £2.5 billion, or 2.7%, in the financial year-to-August 2021. There has been no impact on net cash requirement or net debt as a result of this correction."

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