UK government debt below estimates- FTSE 100 futures still in the red

The September UK government debt data has just now been released and it is rather conflicting and seemingly confusing. The public sector debt requirement has fallen below the £17.5 billion forecast, at £16.6 billion, but at the same time the data is suggesting a huge decrease in the amount of PSNCR (Public Sector Net Cash Requirement) of £20.5 billion. Well, at first sight this does not appear to add up and that might explain the lack of reaction across the UK markets. The GBP/USD has not materially changed and the FTSE 100 futures are certainly no higher. The take away from all this right now; is that it would seem to keep all the immediate UK budget conjecture just as confused as it has ever been, with just over a week to go before the markets face the music on all that. The FTSE 100 is still priced to open lower this morning, currently at around 8,293. The index closed yesterday at 8,318, with a loss of 40 points on the day