Monday, October 5, 2015   

UK state borrowing halves in July: official data
(08-21 18:24)

British state borrowing fell sharply last month on rising tax receipts, official data showed on Thursday.
Public sector net borrowing, the government's preferred measure of the deficit, stood at 800 million pounds in July.
The figure, which excludes financial sector intervention measures and transfers from the Bank of England's cash stimulus scheme, compared with 1.6 billion pounds in the same month of last year. --AFP   
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