UK budget deficit totals 8.4 billion pounds in February

LONDON (Reuters) – Britain posted a budget deficit of 8.4 billion pounds ($10.75 billion) in February, the Office for National Statistics said on Thursday.

Economists polled by Reuters had expected public sector net borrowing, excluding state-owned banks, of 5.95 billion pounds.

($1 = 0.7846 pounds)

(Reporting by Sachin Ravikumar; Editing by William Schomberg)