November 21, 2023 07:05 GMT
Public finance data a little worse
- The public finance numbers released this morning show borrowing a bit worse than expected - but still GBP16.9bln less YTD than the OBR's last set of forecasts.
- However, these data come too close to tomorrow's Autumn Statement to have any impact on the OBR's upcoming forecast revisions.
- There should be no real market impact here.