Highlights

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

£ 8,040 million

2017 OCT

Release date:
21 November 2017

Next release:
21 December 2017
More data

Public sector finances, UK: October 2017

What's in the bulletin?

  • Public sector net borrowing (excluding public sector banks) decreased by £4.1 billion to £38.5 billion in the current financial year-to-date (April 2017 to October 2017), compared with the same period in 2016; this is the lowest year-to-date net borrowing since 2007.
  • Public sector net borrowing (excluding public sector banks) increased by £0.5 billion to £8.0 billion in October 2017, compared with October 2016.
  • The Office for Budget Responsibility (OBR) forecast that public sector net borrowing (excluding public sector banks) will be £58.3 billion during the financial year ending March 2018, an increase of £12.6 billion on the outturn net borrowing in the financial year ending March 2017.
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