Highlights

Public sector net borrowing, excluding public sector banks (£ million)

£ 1,803 million

2017 FEB

Release date:
21 March 2017

Next release:
25 April 2017
More data

Public sector finances: Feb 2017

What's in the bulletin?

  • 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.
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