Public Sector Finances, December 2015

22 Jan 2016 03:36 PM

Main points

• Public sector net borrowing excluding public sector banks decreased by £11.0 billion to £74.2 billion in the current financial year-to-date (April 2015 to December 2015) compared with the same period in 2014.
• Public sector net borrowing excluding public sector banks decreased by £4.3 billion to £7.5 billion in December 2015 compared with December 2014.
• Public sector net debt excluding public sector banks at the end of December 2015 was £1,542.6 billion, equivalent to 81.0% of Gross Domestic Product; an increase of £53.2 billion compared with December 2014.
• Central government net cash requirement decreased by £17.2 billion to £63.1 billion in the current financial year-to-date (April 2015 to December 2015) compared with the same period in 2014.
• Due to the volatility of the monthly data, the cumulative financial year-to-date borrowing figures provide a better indication of the progress of the public finances than the individual months.

Get all the tables for this publication in the data section of this publication.