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PSNCR

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AcronymDefinition
PSNCRPublic Sector Net Cash Requirements


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This easily offset any positive reaction from the better than expected retail sales, with the higher PSNCR, disappointing business investments, and weaker BoE trends in lending report also helping to weigh.
The PSNCR is showing worrying signs of sinking ever deeper into the red, at a rate the Government failed to predict when it went on its VAT-cutting spending spree.
The PSNCR is an alternative, but more volatile, measure of the state of the public finances.
 
 
 
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