iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Economic Buzz: UK Budget Deficit Narrows In March

26 Apr 2022 , 01:32 PM

UK public sector net borrowing decreased in March. Public sector net borrowing excluding banks decreased by GBP 8.8 billion from the last year to GBP 18.1 billion in March. However, the deficit was the second-highest for the month of March since records began in 1993. In the financial year ending March 2022, the budget deficit excluding banks totaled GBP 151.8 billion or around 6.4 percent of gross domestic product. This was the third-highest financial year borrowing since records began in 1947 and also GBP 24 billion more than the 127.8 billion projected by Office for Budget Responsibility. Public sector net debt excluding public sector banks was GBP 2.34 trillion at the end of March, or around 96.2 percent of GDP.

Powered by Commodity Insights

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.