U.K.'s public finances for January came in at 11.8 billion pounds surplus compared with the revised 16.3 billion pounds deficit from 23.6 billion pounds deficit and estimates of 20.3 billion pounds surplus.

Moreover, U.K.'s public sector net borrowing for January came in at 4.3 billion pounds deficit from the revised 14.0 billion pounds deficit from 15.7 billion pounds deficit and forecasts of 2.6 billion pounds surplus.