Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ 11,820 million
2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 2022
Public sector finances, UK: August 2022
What's in the bulletin?
- Public sector net borrowing excluding public sector banks (PSNB ex) was £11.8 billion in August 2022; £2.6 billion less than in August 2021 but £6.5 billion more than in pre-coronavirus (COVID-19) August 2019, when it was £5.3 billion.
- Central government current (or day-to-day) expenditure of £73.2 billion in August 2022 was largely unchanged compared with August 2021, with a £1.5 billion increase in debt interest payable, a £1.7 billion increase in payment for goods and services and a £1.1 billion increase in net social benefit payments being offset by reductions elsewhere, including a £3.4 billion reduction in subsidy payments.
- Central government debt interest payable was £8.2 billion in August 2022, £1.5 billion more than in August 2021 and the highest August figure since monthly records began in April 1997; the volatility in interest payable is largely because of the effect of Retail Prices Index (RPI) changes on index-linked gilts.
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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£ 11,820 million 2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 2022
-
£ 8,255 million 2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 2022
-
£ 3,565 million 2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 2022
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£ 2,427.5 bn 2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 2022
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96.6 % 2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 2022
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£ 4,849 m 2022 AUG
- Release date:
- 21 September 2022
- Next release:
- 21 October 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 debt and deficit
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: August 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: March 2022
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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