Fri, 19 Oct 2012 12:15:06 GMT
U.K. budget deficit lower than expected
The Office for National Statistics
reported on Friday that budget deficit of the U.K. was lower than
expected. Budget deficit excluding support for banks declined to
£12.809 billion, which is approximately $20.5 billion, compared to a
budget deficit of £13.501 billion a year earlier. The figure for the
last month is the lowest September's reading since 2008.
Economists, however, expected that it would be equal to