Public Sector Finances, June 2015

21 Jul 2015 03:45 PM

Main points

• Public sector net borrowing excluding public sector banks decreased by £6.1 billion to £25.1 billion (1.4% of Gross Domestic Product) in the current financial year-to-date (April 2015 to June 2015) compared to the same period in 2014.
• Public sector net borrowing excluding public sector banks decreased by £0.8 billion to £9.4 billion (0.5% of Gross Domestic Product) in June 2015 compared with June 2014.
• Public sector net debt excluding public sector banks at the end of June 2015 was £1,513.4 billion (81.5% of Gross Domestic Product); an increase of £77.4 billion compared with June 2014.
• Central government net cash requirement decreased by £10.8 billion to £24.2 billion in the current financial year-to-date (April 2015 to June 2015) compared to the same period in 2014.
• General government gross debt at the end of June 2015 was £1,637.8 billion (88.2% of Gross Domestic Product) and General Government Net Borrowing in the financial year ending 2015 (April 2014 to March 2015) was £92.9 billion (5.1% of Gross Domestic Product).
• 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.