Public sector borrowing in the UK increases less than projected

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Source: Forexpros

UK's public sector net borrowing increased less than expected last month. The figure rose to GBP15.2 billion in November from GBP3.0 billion in the preceding month. Experts initially expected the figure to increase to GBP15.8. After the data release, the Pound continued to see gains against the USD with pair GBP/USD currently trading at 1.5720, adding 0.36%.

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Wed, 21 Dec 2011 17:09:10 GMT

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