Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ -16,691 million
2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
Public sector finances, UK: January 2024
What's in the bulletin?
- 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, £3.1 billion less than in the same ten-month period a year ago; this is the first time in the present financial year that year-to-date borrowing has been lower than in the equivalent period in the last financial year, partly because central government receipts have been revised.
The UK contribution to the EU budget
How much does the UK contribute to the EU budget as a member? And what about payments from the EU?
Time series related to Public sector finance
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£ -16,691 million 2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
-
£ -26,571 million 2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
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£ 9,880 million 2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
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£ 2,646.5 bn 2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
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96.5 % 2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
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£ -19,495 m 2024 JAN
- Release date:
- 21 February 2024
- Next release:
- 21 March 2024
Datasets related to Public sector finance
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Public sector finances time series
Time series data for public sector finances and important fiscal aggregates, based on the new European System of Accounts 2010: ESA10 framework.
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Public sector finances tables 1 to 10: Appendix A
The data underlying the public sector finances statistical bulletin are presented in the tables PSA 1 to 10.
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Public sector current receipts: Appendix D
A breakdown of UK public sector income by latest month, financial year-to-date and full financial year, with comparisons with the same period in the previous financial year.
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Public sector finances borrowing by sub-sector
Public sector finances analytical tables (PSAT) showing transactions related to borrowing by sub-sector. Total Managed Expenditure (TME) is also provided.
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Government debt and deficit
Summary, reconciliation and revisions information on UK government deficit and debt figures by calendar and financial year.
Publications related to Public sector finance
Statistical bulletins
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Public sector finances, UK: January 2024
How the relationship between UK public sector monthly income and expenditure leads to changes in deficit and debt.
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UK government debt and deficit: September 2023
Quarterly estimates of UK government debt and deficit.
Articles
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Recent and upcoming changes to public sector finance statistics
Includes the results of our review into public sector pensions statistics, impacts on government spending and debt, updates to public sector finance statistics, and classification announcements.
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Alignment between public sector finances and national accounts
Explanation of the differences between public sector net borrowing estimates published in the public sector finances and those in the national accounts.
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Wider measures of public sector net debt
An update to previous wider measures of government debt articles, to support the release of the latest supplementary information on contingent liabilities and other potential obligations outside the public sector finances reporting framework.
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National Accounts articles
National accounts improvements to mixed income estimates.
Methodology related to Public sector finance
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