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UK Government Borrowing Falls In July

UK DATA

JULY CGNCR GBP1.81 BLN; JUL PSNCR -GBP2.29 BLN

JUL PSNB GBP9.619 BN; JUL PSNB-X GBP10.353 BN

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  • Public sector net borrowing (ex public sector banks) fell to GBP10.4 billion in July 2021; the second-highest July borrowing since monthly records began in 1993, but GBP10.1 billion less than in July 2020.
  • Central government receipts in July 2021 were GBP70.0 billion, GBP9.5 billion more than in July 2020. central government bodies spent GBP79.8 billion in July 2021, GBP2.9 billion less than in July 2020.
  • Self-assessed Income Tax receipts were GBP8.5 billion in July 2021, GBP3.7 billion more than in July 2020
  • Debt interest payments totalled GBP3.9 billion, GBP1.1 billion higher than July 2020, with RPI over the period at 3.4%

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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