Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ 13,990 million
2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
Public sector finances, UK: May 2022
What's in the bulletin?
- Public sector net borrowing excluding public sector banks (PSNB ex) was £14.0 billion in May 2022, the third-highest May borrowing since monthly records began in 1993; this was £4.0 billion less than in May 2021 but £8.5 billion more than in May 2019, before the coronavirus (COVID-19) pandemic.
- Central government receipts were £66.6 billion in May 2022, £5.7 billion more than in May 2021, of which tax receipts were £48.3 billion, an annual increase of £3.4 billion.
- Central government current (or day-to-day) expenditure was £74.0 billion in May 2022, £2.2 billion less than in May 2021, with the additional £3.1 billion cost of debt interest payments made this year being offset by a reduction of £4.9 billion in subsidies paid.
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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£ 13,990 million 2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
-
£ 11,810 million 2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
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£ 2,180 million 2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
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£ 2,363.2 bn 2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
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95.8 % 2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
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£ 11,429 m 2022 MAY
- Release date:
- 23 June 2022
- Next release:
- 21 July 2022
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 to 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 deficit and debt return
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: May 2022
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: December 2021
Quarterly estimates of UK government debt and deficit.
Articles
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Recent and upcoming changes to public sector finance statistics
Information on recent and upcoming changes to our public sector finance statistics.
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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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