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Public Sector Finances

This area provides links to guidance and methodology publications related to Public Sector Finances statistics. These publications are often relevant to the Public Sector Finances and the Government Debt and Deficit under the Maastricht Treaty publications, as well as their associated tables.

Public Sector Finances (PSF)

The statistical bulletin on public sector finances is published jointly by Office for National Statistics (ONS) and HM Treasury on a monthly basis, and provides the latest available estimates for key public sector finance statistics, such as public sector net borrowing, public sector net debt and public sector current budget deficit/surplus.

Background for users of Public Sector Finance Statistics (78.1 Kb Pdf)

Public Sector Finances - Glossary

Government Debt and Deficit Under the Maastricht Treaty

This statistical bulletin on government deficit and debt under the Maastricht Treaty is published every six months, at the end of March and September each year to coincide with the dates when the UK and other EU Member States are obliged to report to the European Commission their actual and planned government deficit and debt.

The source data for this publication are the same as those used in compiling the monthly Public Sector Finances bulletin (for comparing with PSF releases use February for calendar year and August for financial year). However, there are three main differences between this bulletin and the Public Sector Finances.

  1. This bulletin includes only debt and deficit recorded to central and local government, whereas the Public Sector Finance bulletin also includes measures of other public sector bodies.

  2. This bulletin reports gross debt, that is all financial liabilities of central and local government, whereas the Public Sector Finance bulletin headline figure is net debt, that is the financial liabilities minus liquid assets (mainly  in the form of cash deposits).

  3. General government net borrowing as reported in this bulletin differs a little from that in the Public Sector Finances bulletin in order to make it fully consistent with guidance in the Manual on Government Deficit and Debt.

Recent classification decisions and economic events affecting Public Sector Finances statistics (23 Kb Pdf)

Sources summary and their timing (22.8 Kb Pdf)

Document Date of release 
Treatment of public sector banks in Public Sector Finances (59.3 Kb Pdf) Nov 2014
Developments to Public Sector Finance Statistics - June 2014 update (255.2 Kb Pdf) June 2014

Developments to Public Sector Finance Statistics - February 2014 update (969.7 Kb Pdf)

Feb 2014

Transition to ESA10: Update to Impact on Public Sector Finances (138 Kb Pdf)

Feb 2014

2013 Review of Public Sector Finance Statistics : Consultation Response (129.2 Kb Pdf)

Feb 2014
Comparison of Government Expenditure and Revenue statistics in the monthly Public Sector Finances and quarterly National Accounts (99.2 Kb Pdf) Dec 2013
ESA 2010: Impact on Public Sector Finances (61.2 Kb Pdf) Dec 2013
Developments to Public Sector Finances Statistics (71.2 Kb Pdf) Dec 2013
Clarifying how Public Sector Finances classification decisions are made (35.9 Kb Pdf) Aug 2013
Improving Government statistics – Aligning the Public Sector Finances and National Accounts and other developments to public sector statistics (184.9 Kb Pdf) Jun 2013
Monthly statistics on Public Sector Finances: a methodological guide (360.3 Kb Pdf) Aug 2012
Production of Public Sector Finance statistical bulletin: Responsibilities and Accountabilities Jun 2012

A broader picture of the public sector balance sheet; State Pension and other pension obligations

Apr 2012
Public Sector Finances, August 2011: The 2011 PSF User engagement survey Sep 2011
Comparison of Public Sector Finance measures from the National Accounts and whole of Government Accounts (60.6 Kb Pdf) Jun 2011
Inclusion of RBS and Lloyds Banking Group in the Public Sector Finances (61.8 Kb Pdf) Jan 2011
Remaining public banks raises public sector net debt (59.7 Kb Pdf) Jan 2011

An update of Public Sector Debt (122.6 Kb Pdf)

Sep 2010
Wider measures of Public Sector Debt (195.7 Kb Pdf) (60.6 Kb Pdf) Jul 2010
Public Sector Statistics Revisions' Policy (14.5 Kb Pdf) Jun 2010
Arrangements for incorporating Bank of England data into the Public Sector Finances - Bank-response-to-ONS (33.8 Kb Pdf) Mar 2010 
Arrangements for incorporating Bank of England data into the Public Sector Finances - ONS-letter-to-Bank (25.5 Kb Pdf) Mar 2010
Public Sector Interventions in the Financial Crisis (2.71 Mb Pdf) Nov 2009

The Public Sector balance sheet (239.6 Kb Pdf)

Jul 2009

Inclusion of Bank of England and Northern Rock in Public Sector Finance Statistics (169.5 Kb Pdf)

Sep 2008
Private Finance Imitative and Public Debt (93.3 Kb Pdf) May 2008

Bank of England in Public Sector Finances Statistics (168.2 Kb Pdf) (169.5 Kb Pdf)

Feb 2008
Letter to HM Treasury regarding IFRS and PFI (109.7 Kb Pdf) Oct 2007
Government Guarantee in relation to Northern Rock plc (124.6 Kb Pdf) Sep 2007
The use of Gross Domestic Product (GDP) in fiscal ratio statistics (113 Kb Pdf) Jun 2007
Government and Public Sector debt measures (120.3 Kb Pdf) Sep 2006
Public Sector Finances Excluding Financial Interventions (166.8 Kb Pdf) Mar 2010
Including finance leasing in Public Sector Net Debt, PFI & Other (622.9 Kb Pdf) Jul 2004
General government final consumption: Health (119 Kb Pdf) Sep 2002
General government consumption at constant prices (27.6 Kb Pdf) (23.3 Kb Pdf) Aug 2002
Classification of mobile phone licences (29.6 Kb Pdf) Dec 2001
National Accounts: Effects of Spectrum Payments (23.3 Kb Pdf) (120.3 Kb Pdf) Oct 2000
New format for public finance: April 2000 update (33.7 Kb Pdf) Apr 2000
Content from the Office for National Statistics.
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