• Wednesday, August 21, 2019 - 04:37

    By Les Commons and Irene Prihoda

    LONDON (MNI) - UK government finances received a modest boost in July, with a surplus of stg1.132 billion, although that was lower than the near stg3.6 billion surplus seen in July 2018.

    The following are the key points from public sector finance data published Wednesday by the Office for National Statistics.

    - Year-to-date borrowing stood at stg16.0 billion in July, up 60% on the stg10.0 billion YTD in July 2018. It was the biggest July YTD percentage gain since July 2009/10. July 2018 was the highest July surplus seen since 2002.