UK Public Sector Net Borrowing
A positive number indicates a budget deficit, a negative number indicates a surplus. This figure includes "financial interventions" - there is also a figure released at the same time which excludes them;
- UK Public Sector Net Borrowing Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 21, 2024 | 14.1B | 14.5B | 17.5B |
May 22, 2024 | 19.6B | 18.5B | 12.1B |
Apr 23, 2024 | 11.0B | 8.9B | 8.6B |
Mar 21, 2024 | 7.5B | 6.3B | -17.0B |
Feb 21, 2024 | -17.6B | -18.4B | 6.5B |
Jan 23, 2024 | 6.8B | 11.4B | 12.8B |
Dec 21, 2023 | 13.4B | 12.8B | 15.1B |
Nov 21, 2023 | 14.0B | 16.8B | 13.7B |
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- UK Public Sector Net Borrowing News
- From ons.gov.uk|Jun 21, 2024
Borrowing – the difference between public sector spending and income – was £15.0 billion in May 2024, £0.8 billion more than in May 2023 and the third highest May borrowing since monthly records began in 1993. Borrowing in the financial year-to-May 2024 was £33.5 billion, £0.4 billion more than in the same two-month period a year earlier and the fourth highest year-to-May borrowing since monthly records began. Public sector net debt excluding public sector banks was provisionally estimated at 99.8% of gross domestic product (GDP) at ...
- From ons.gov.uk|May 22, 2024
Borrowing – the difference between public sector spending and income – was £20.5 billion in April 2024, the fourth highest April borrowing since monthly records began in 1993. Borrowing in April 2024 was £1.5 billion more than in April 2023 and £1.2 billion more than the £19.3 billion forecast by the Office for Budget Responsibility (OBR). Public sector receipts grew by £1.6 billion compared with April 2023, however, this growth was outstripped by a £3.1 billion increase in spending over the same period. Since our March 2024 ...
- From ons.gov.uk|Apr 23, 2024
Borrowing – the difference between public sector spending and income – was £11.9 billion in March 2024, £4.7 billion less than in March last year. Borrowing in the financial year ending (FYE) March 2024 was provisionally estimated at £120.7 billion, £7.6 billion less than in the same twelve-month period a year ago but £6.6 billion more than forecast by the Office for Budget Responsibility (OBR). Compared with the annual value of the UK’s economy, borrowing in the FYE March 2024 was provisionally estimated at 4.4% of the UK’s gross ...
- From ons.gov.uk|Mar 21, 2024
Public sector net borrowing excluding public sector banks (borrowing) was £8.4 billion in February 2024, £3.4 billion less than in February 2023. Borrowing in the financial year-to-February 2024 was £106.8 billion, £4.6 billion less than in the same eleven-month period a year ago, and the lowest for four years in nominal terms. Public sector net debt excluding public sector banks (debt) was £2,659.4 billion at the end of February 2024, £157.4 billion more than at the end of February 2023. Debt was provisionally estimated at around ...
- From ons.gov.uk|Feb 21, 2024|2 comments
Public sector net borrowing excluding public sector banks (borrowing) in January 2024 was in surplus by £16.7 billion, more than double the surplus of January 2023 and the largest surplus since monthly records began in 1993 in nominal terms. Each January tax receipts are always higher than in other months, owing to receipts from self-assessed taxes; combined self-assessed income and capital gains tax receipts were £33.0 billion, £1.8 billion less than a year earlier. Borrowing in the financial year-to-January 2024 was £96.6 billion, ...
- From ons.gov.uk|Jan 23, 2024
Public sector net borrowing excluding public sector banks (borrowing) in December 2023 was £7.8 billion, around half or £8.4 billion less than that borrowed in December 2022 and the lowest December borrowing since 2019. Central government debt interest payable was £4.0 billion in December 2023, £14.1 billion less than in December 2022 and the lowest December figure since 2020; changes in interest payable are largely the effect of Retail Prices Index (RPI) movements on index-linked gilts. Borrowing in the financial year-to-December ...
- From ons.gov.uk|Dec 21, 2023
Public sector net borrowing excluding public sector banks (borrowing) in November 2023 was £14.3 billion, £0.9 billion less than in November 2022 and the fourth highest November borrowing since monthly records began in 1993. Borrowing in the financial year-to-November 2023 was £116.4 billion, £24.4 billion more than in the same eight-month period last year and the second highest financial year-to-November borrowing on record. Public sector net debt excluding public sector banks (debt) was £2,671.4 billion at the end of November 2023 ...
- From ons.gov.uk|Nov 21, 2023
Public sector net borrowing excluding public sector banks (PSNB ex) in October 2023 was £14.9 billion, £4.4 billion more than in October 2022 and the second highest October borrowing since monthly records began in 1993. PSNB ex in the financial year-to-October 2023 was £98.3 billion, £21.9 billion more than in the same seven-month period last year, but £16.9 billion less than the £115.2 billion forecast by the Office for Budget Responsibility (OBR) in March 2023. Public sector net debt (PSND ex) was £2,643.7 billion at the end of ...
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Released on Feb 21, 2024 |
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Released on Dec 21, 2023 |
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Released on Nov 21, 2023 |
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- Details