The amount of money financed to the UK government. A higher value indicates a worsening fiscal condition for the British Government as the public sector is unable to maintain its spending patterns without further financing. As with any economy, budget deficits are unfavorable and viewed as bearish for the Pound.

Relevance: Rarely affects markets
Release schedule : 8:30 (GMT); monthly
Revisions schedule : Revisions can be substantial as total public sector income and expenditure are released.
Source of report : Office for National Statistics
Web Address : http://www.statistics.gov.uk/
Address of release : http://www.statistics.gov.uk/default.asp
AKA: Public Sector Net Cash Requirement (PSNCR), Public Sector Accounts