23 April 2001, 11:02  OUTLOOK: UK March PSNCR 7.3 bln stg

LONDON (AFX) - UK public sector finance data for March are expected to reveal a Public Sector Net Cash Requirement of 7.3 bln stg, compared with a surplus of 2.862 bln stg the previous month, according to the median of 18 analysts' forecasts compiled by AFX News. There was a PSNCR surplus of 6.986 bln stg in March last year. In his March 21 budget, Chancellor of the Exchequer Gordon Brown forecast a PSNCR surplus of 5.1 bln stg for the fiscal year to March 2001, which compares with an 8.7 bln stg surplus recorded in the fiscal year to March 2000. Public sector finance figures are released at 9.30 am.

© 1999-2024 Forex EuroClub
All rights reserved