Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ 8,750 million
2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
Public sector finances, UK: January 2021
What's in the bulletin?
- Public sector net borrowing (excluding public sector banks, PSNB ex) is estimated to have been £8.8 billion in January 2021, £18.4 billion more than in January 2020, which is both the highest January borrowing since monthly records began in 1993 and the first January deficit for 10 years.
- Central government tax receipts are estimated to have been £63.2 billion in January 2021 (on a national accounts basis), £0.8 billion lower than in January 2020, with notable falls in taxes on production such as Value Added Tax (VAT) and Business Rates.
- Self-assessed Income Tax receipts were £16.8 billion in January 2021, £1.4 billion more than in January 2020; in the light of the government’s tax deferral policy, it is advisable to look at combined self-assessed Income Tax receipts across the whole financial year when drawing conclusions from year-on-year comparisons.
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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£ 8,750 million 2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
-
£ -4 million 2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
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£ 8,754 million 2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
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£ 2,114.6 bn 2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
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97.9 % 2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
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£ -10,701 m 2021 JAN
- Release date:
- 19 February 2021
- Next release:
- 19 March 2021
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: January 2021
How the relationship between UK public sector monthly income and expenditure leads to changes in deficit and debt.
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EU Government Deficit and Debt Return including Maastricht Supplementary Data Tables: Quarter 3 (July to Sep) 2015
The full set of UK government finance statistics supplied under the Maastricht Treaty, including details of the components of government debt and deficit and supplemantary data.
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EU Government Deficit and Debt Return: September 2014
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.
Articles
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Recent and upcoming changes to public sector finance statistics
Areas for future development in the 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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