Wednesday, December 20, 2006

Forex News: 20.12.2006 UK Nov. budget deficit narrowed to 7.7 bln. stg

UK current budget stood at a deficit of 7.7 bln stg in November, compared with a deficit of 8.2 bln stg in the same month last year.

On a cumulative basis, the current budget deficit in the first eight months of the year has improved to 16.1 bln stg from 20.0 bln last year.

Economists forecasted a current budget deficit for the fiscal year of 7.9 bln stg.


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