Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ 27,402 million
2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
Public sector finances, UK: December 2022
What's in the bulletin?
- Public sector borrowing (PSNB ex) in December 2022 was £27.4 billion, the highest December figure since monthly records began in January 1993, largely because of a sharp rise in spending on energy support schemes and an increase in debt interest.
- December’s borrowing was £16.7 billion higher than that of December 2021 and £9.8 billion higher than the latest official forecast published by the Office for Budget Responsibility (OBR); largely because a student loans assumptions (see Section 3).
- Central government debt interest payable was £17.3 billion in December 2022, the highest December figure since monthly records began; the increase 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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£ 27,402 million 2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
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£ 21,945 million 2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
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£ 5,457 million 2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
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£ 2,503.6 bn 2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
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99.5 % 2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
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£ 23,097 m 2022 DEC
- Release date:
- 24 January 2023
- Next release:
- 21 February 2023
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: December 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: June 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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