UK govt financing data out a few moments ago

  • GBP +10.8bln prev revised down from +11.3bln
  • PSNBR ex banking groups £+9.4bln vs +101.1bln exp vs +11.6bln prev revised down from +12.1bln
  • PSNCR £+17.9bln vs +0.7bln prev revised up from -0.2bln

Govt total expenditure highest on record for month of Sept

Income, vat, corp tax revnues also highest on record for Sep tho

Delicately poised as it were but govt borrowing "Still unsustainably high" says fin min George Osborne

More from the ONS here

GBP not fazed either way with market focus on ECB tomorrow