Public Sector Net Borrowing Ex Banks measures the difference between the public sector's spending and its income, excluding the temporary effects of public sector banks. It indicates the amount of new debt the government needs to issue to fund its budget deficit. This is a key measure of fiscal policy health in the United Kingdom.
The figure is derived from administrative data on tax receipts and government expenditure. It follows the European System of Accounts (ESA) framework to ensure consistency in reporting across different public sub-sectors.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 20, 2026 | -14.30 | -8.50 | -5.80 |
| Feb 20, 2026 | 30.40 | 19.00 | +11.40 |
| Jan 22, 2026 | -11.58 | -15.00 | +3.42 |
| Dec 19, 2025 | -11.65 | -10.00 | -1.65 |
| Nov 21, 2025 | -17.43 | -15.20 | -2.23 |
| Oct 21, 2025 | -20.20 | -20.50 | +0.30 |
| Sep 19, 2025 | -17.96 | -12.75 | -5.21 |
| Aug 21, 2025 | -1.05 | -2.60 | +1.55 |
| Jul 22, 2025 | -20.68 | -15.60 | -5.08 |
| Jun 20, 2025 | -17.69 | -17.10 | -0.59 |
| May 22, 2025 | -20.16 | -17.90 | -2.26 |
| Apr 23, 2025 | -16.44 | -16.05 | -0.39 |
| Mar 21, 2025 | -10.71 | -6.60 | -4.11 |
| Feb 21, 2025 | 15.44 | 20.00 | -4.56 |
| Jan 22, 2025 | -17.81 | -14.10 | -3.71 |
| Dec 20, 2024 | -11.25 | -13.00 | +1.75 |
| Nov 21, 2024 | -17.40 | -12.30 | -5.10 |
| Oct 22, 2024 | -16.61 | -17.50 | +0.89 |
| Sep 20, 2024 | -13.73 | -12.40 | -1.33 |
| Aug 21, 2024 | -3.10 | -1.50 | -1.60 |
| Jul 19, 2024 | -14.50 | -12.90 | -1.60 |
| Jun 21, 2024 | -15.00 | -15.70 | +0.70 |
| May 22, 2024 | -20.50 | -19.30 | -1.20 |
| Apr 23, 2024 | -11.90 | -7.60 | -4.30 |
| Mar 21, 2024 | -8.40 | -5.95 | -2.45 |
| Feb 21, 2024 | 16.69 | 18.70 | -2.01 |
| Jan 23, 2024 | -7.77 | -14.00 | +6.23 |
| Dec 21, 2023 | -14.33 | -12.90 | -1.43 |
| Nov 21, 2023 | -14.89 | -13.70 | -1.19 |
| Oct 20, 2023 | -14.35 | -19.00 | +4.65 |
| Sep 21, 2023 | -11.60 | -11.30 | -0.30 |
| Aug 22, 2023 | -4.30 | -5.00 | +0.70 |
| Jul 21, 2023 | -18.49 | -22.00 | +3.51 |
| Jun 21, 2023 | -20.05 | -19.75 | -0.30 |
| May 23, 2023 | -25.56 | -18.70 | -6.86 |
| Apr 25, 2023 | -21.53 | -22.15 | +0.62 |
| Mar 21, 2023 | -16.68 | -11.40 | -5.28 |
| Feb 21, 2023 | 5.40 | -6.95 | +12.35 |
| Jan 24, 2023 | -27.40 | -17.75 | -9.65 |
| Dec 21, 2022 | -22.00 | -13.00 | -9.00 |
| Nov 22, 2022 | -13.50 | -22.00 | +8.50 |
| Oct 21, 2022 | -20.00 | -17.10 | -2.90 |
| Sep 21, 2022 | -11.80 | -8.45 | -3.35 |
| Aug 19, 2022 | -4.90 | -2.00 | -2.90 |
| Jul 21, 2022 | -22.88 | -12.80 | -10.08 |
| Jun 23, 2022 | -13.99 | -12.00 | -1.99 |
| May 24, 2022 | -18.60 | -17.85 | -0.75 |
