UK Public Sector Net Borrowing Ex Banks (Feb) 14.3B vs. Exp. 8.5B (Prev. -30.4B)

The UK’s public sector net borrowing significantly exceeded expectations in February, coming in at £14.3B compared to a forecast of £8.5B.

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Iranian President says "the flames of war against us will affect many if the international community does not stand up to the aggression", Al Jazeera reports

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UK Public Sector Net Borrowing Ex Banks (Feb) 14.3B vs. Exp. 8.5B (Prev. -30.4B)

Iran's IRGC spokesman, responding to Israeli PM, insists Tehran is still building missiles, AP reports

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This sharp increase from the previous month's -£30.4B suggests ongoing fiscal pressures, which could weigh on expectations for monetary policy as the government may need to balance growth and debt management more carefully going forward.

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