Public Sector Net Borrowing (PSNB) measures the gap between the UK government's total expenditure and its total income from taxes and other sources. It is a key indicator of the fiscal deficit and the overall health of the United Kingdom's public finances. High levels of borrowing may lead to increased issuance of government gilts and can influence future fiscal policy decisions. This figure is closely watched by economists to assess the sustainability of government spending.
Calculated by the Office for National Statistics (ONS) by subtracting total public sector receipts from total public sector expenditure on an accrued basis.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 21, 2026 | -1.80 | 0.00 | -1.80 |
| Jul 21, 2026 | -12.80 | -19.80 | +7.00 |
| Jun 19, 2026 | -23.30 | -18.50 | -4.80 |
| May 22, 2026 | -23.00 | -20.90 | -2.10 |
| Apr 23, 2026 | -11.50 | -10.40 | -1.10 |
| Jan 22, 2026 | -11.58 | -14.00 | +2.42 |
| Aug 21, 2025 | 1.05 | 2.10 | -1.05 |
| Jul 22, 2025 | 20.68 | 17.40 | +3.28 |
| Jun 20, 2025 | 17.69 | 17.90 | -0.21 |
| May 22, 2025 | 20.16 | 18.00 | +2.16 |
| Apr 23, 2025 | 16.44 | 15.40 | +1.04 |
| Mar 21, 2025 | 10.71 | 7.00 | +3.71 |
| Feb 21, 2025 | -15.44 | -20.10 | +4.66 |
| Jan 22, 2025 | 17.81 | 14.20 | +3.61 |
| Dec 20, 2024 | -11.25 | -16.60 | +5.35 |
| Nov 21, 2024 | -17.40 | -15.90 | -1.50 |
| Oct 22, 2024 | -16.61 | -10.30 | -6.31 |
| Sep 20, 2024 | -13.73 | -12.30 | -1.43 |
| Aug 21, 2024 | -2.18 | -0.50 | -1.68 |
| Jul 19, 2024 | -13.60 | -12.00 | -1.60 |
| Jun 21, 2024 | -14.10 | -14.80 | +0.70 |
| May 22, 2024 | -19.59 | -18.50 | -1.09 |
| Apr 23, 2024 | -11.02 | -8.90 | -2.12 |
| Mar 21, 2024 | -7.48 | -1.80 | -5.68 |
| Feb 21, 2024 | 17.62 | 18.40 | -0.78 |
| Jan 23, 2024 | -6.85 | -11.20 | +4.35 |
| Dec 21, 2023 | -13.40 | -14.10 | +0.70 |
| Nov 21, 2023 | -13.97 | -21.00 | +7.03 |
| Oct 20, 2023 | -13.53 | -17.60 | +4.07 |
| Sep 21, 2023 | -10.76 | -9.80 | -0.96 |
| Aug 22, 2023 | -3.48 | -17.03 | +13.55 |
| Jul 21, 2023 | -17.67 | -27.52 | +9.85 |
| Jun 21, 2023 | -19.22 | -14.93 | -4.29 |
| May 23, 2023 | -24.73 | -23.20 | -1.53 |
| Apr 25, 2023 | -20.71 | -22.94 | +2.23 |
| Mar 21, 2023 | -15.86 | -10.40 | -5.46 |
| Feb 21, 2023 | 6.20 | 2.20 | +4.00 |
| Jan 24, 2023 | -26.60 | -17.70 | -8.90 |
| Dec 21, 2022 | -21.20 | -8.30 | -12.90 |
| Nov 22, 2022 | -12.70 | -17.10 | +4.40 |
| Oct 21, 2022 | -19.25 | -12.30 | -6.95 |
| Sep 21, 2022 | -11.06 | -10.60 | -0.46 |
| Aug 19, 2022 | -4.18 | -2.80 | -1.38 |
| Jul 21, 2022 | -22.11 | -12.10 | -10.01 |
| Jun 23, 2022 | -13.20 | -17.90 | +4.70 |
| May 24, 2022 | -17.80 | -18.80 | +1.00 |
| Apr 26, 2022 | -18.10 | -19.30 | +1.20 |
| Mar 22, 2022 | -13.10 | -8.10 | -5.00 |
| Feb 22, 2022 | 2.90 | 3.50 | -0.60 |
| Jan 25, 2022 | -16.80 | -18.50 | +1.70 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 21, 2026 | -16 | -12.8 | +3.20 ↑ |
| May 22, 2026 | -24.3 | -23 | +1.30 ↑ |
| Apr 23, 2026 | -12.6 | -11.5 | +1.10 ↑ |
