Public sector net borrowing (excluding public sector banks) decreased by £19.9 billion to £47.8 billion in the current financial year-to-date (April 2016 to February 2017), compared with the same period in the previous financial year; this is the lowest year-to-date borrowing since the financial year-to-date ending February 2008.
The Office for Budget Responsibility (OBR) has forecast that public sector net borrowing (excluding public sector banks) will be £51.7 billion during the financial year ending March 2017.
Public sector net borrowing (excluding public sector banks) decreased by £2.8 billion to £1.8 billion in February 2017, compared with February 2016; this is the lowest February borrowing since 2007.
The UK's report to the European Commission under the Maastricht Treaty showing the actual and planned deficit (net borrowing) and gross debt (all financial liabilities) of central and local government.
This article presents a brief summary of the main developments that we are working on over the next few years to provide a solid information base for regional and local decision-making in this new era of devolved policy-making.