Public Sector Net Borrowing Ex Banks in the UK measures the difference between government spending and income, excluding public sector banks. It is a key indicator of fiscal health, reflecting how much the government needs to borrow to cover its deficit. This figure is crucial for financial markets as it influences interest rates, government bond yields, and investor confidence. High borrowing can signal economic challenges, potentially leading to higher borrowing costs and impacting the UK's credit rating.
Public Sector Net Borrowing Ex Banks in the UK measures the difference between government spending and income, excluding public sector banks. It is a key indicator of fiscal health, reflecting how much the government needs to borrow to cover its deficit. This figure is crucial for financial marke...