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UK public finance data due for release at 7:00BST

UK DATA
  • UK public sector borrowing is seen higher in April compared to March, with analysts looking for a print of GBP18.9 billion. However, that is well below the GBP 24.3 billion recorded a year ago.
  • Tax receipts have risen strongly, helping take some of the pain out of a likely GBP 1.5 billion increase in RPI-linked interest payments on a year ago.
  • The data is very unlikely to be market moving.
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  • UK public sector borrowing is seen higher in April compared to March, with analysts looking for a print of GBP18.9 billion. However, that is well below the GBP 24.3 billion recorded a year ago.
  • Tax receipts have risen strongly, helping take some of the pain out of a likely GBP 1.5 billion increase in RPI-linked interest payments on a year ago.
  • The data is very unlikely to be market moving.