Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ -15,442 million
2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
Public sector finances, UK: January 2025
What's in the bulletin?
- Each January, tax receipts are always higher than in other months, because of receipts from self-assessed taxes; this often leads to a surplus whereby income exceeds expenditure rather than borrowing.
- Initial estimates show that the public sector was in surplus by £15.4 billion in January 2025; this was a £0.8 billion larger surplus than last year, and the highest January surplus since monthly records began in 1993.
- The current budget balance - receipts less the cost of day-to-day public sector activities - was in surplus by £24.6 billion in January 2025; this was a £0.7 billion larger surplus than last year and the highest January budget surplus since monthly records began in 1997.
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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£ -15,442 million 2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
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£ -24,568 million 2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
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£ 9,126 million 2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
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£ 2,777.8 bn 2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
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95.3 % 2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
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£ -15,343 m 2025 JAN
- Release date:
- 21 February 2025
- Next release:
- 21 March 2025
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 with the same period in the previous financial year.
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Public sector finances borrowing by sub-sector: Appendix R
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: January 2025
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: December 2023
Quarterly estimates of UK government debt and deficit.
Articles
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Economic statistics classifications and developments in public sector finances
Includes the latest economic statistics classification updates, and information on future developments in 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.
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Effects of the economy on public sector net debt, UK
Examines the economic reasons behind the large increase in public sector net debt as a percentage of GDP over the last two decades.
Methodology related to Public sector finance
Find, compare and visualise statistics about places within the United Kingdom.