Highlights

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

£ 10,368 million

2017 APR

Release date:
23 May 2017

Next release:
21 June 2017
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Public sector finances: Apr 2017

What's in the bulletin?

  • Public sector net borrowing (excluding public sector banks) decreased by £23.4 billion to £48.7 billion in the financial year ending March 2017 (April 2016 to March 2017), compared with the financial year ending March 2016; this is the lowest net borrowing since the financial year ending March 2008.
  • The Office for Budget Responsibility (OBR) forecast that public sector net borrowing (excluding public sector banks) would be £51.7 billion during the financial year ending March 2017. During the financial year ending March 2018, OBR forecast public sector net borrowing (excluding public sector banks) to be £58.3 billion.
  • Public sector net borrowing (excluding public sector banks) increased by £1.2 billion to £10.4 billion in April 2017, compared with April 2016; this is the highest April borrowing since 2014.
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