UK Public Sector Net Borrowing Ex Banks (Jun) -16B vs. Exp. -19.8B (Prev. -23.3B)
The UK public sector net borrowing figures for June came in at -16B, which is a smaller deficit than both the expected -19.8B and the previous -23.3B.
The Lebanese army enters Zawtar al-Gharbiya as part of the first phase of the pilot zones, Al Hadath reports; Israeli troops departed the area
Iranian military source reiterates that the Strait of Hormuz remains closed, Fars reports
UK Public Sector Net Borrowing Ex Banks (Jun) -16B vs. Exp. -19.8B (Prev. -23.3B)
Toyota (7203 JT) says it will invest USD 3.6bln to expand its San Antonio vehicle assembly plant in Texas
Newsquawk Daily European Equity Opening News - 21st July 2026
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This narrower borrowing may point to improved fiscal discipline, potentially alleviating some pressure on UK bonds and supporting the pound, depending on how the market interprets these results in the context of the current economic backdrop.
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