Latest govt borrowing figures now out
– +£7.5bln prev revised up from +6.9bln
– PSNBR ex-banks £-11.210bln vs -£120.217bln prev
– public sector debt net banks £1.58trln equiv to 82.8% of GDP
Largest PSNBR ex-banks surplus largest Jan reading since 2008. Surpluses are generally observed in the month of January due to the high tax receipts.