Public Sector Finances, September 2015

21 Oct 2015 02:42 PM

Main points

• Public sector net borrowing excluding public sector banks decreased by £7.5 billion to £46.3 billion in the current financial year-to-date (April 2015 to September 2015) compared with the same period in 2014.
• Public sector net borrowing excluding public sector banks decreased by £1.6 billion to £9.4 billion in September 2015 compared with September 2014.
• Public sector net debt excluding public sector banks at the end of September 2015 was £1,524.1 billion, equivalent to 80.6% of Gross Domestic Product; an increase of £70.5 billion compared with September 2014.
• General Government Gross Debt at the end of September 2015 was £1,638.2 billion, equivalent to 86.3% of Gross Domestic Product; an increase of £78.8 billion compared with September 2014.
• Central government net cash requirement decreased by £11.3 billion to £43.8 billion in the current financial year-to-date (April 2015 to September 2015) compared to 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.