Key data points
Last release
—
Observation period
Nov 2024
Next release
—
Forecast
—
Highest
15.27 B GBP on Jan 31, 2024
Lowest
−51.52 B GBP on May 31, 2020
About United Kingdom Government Budget Value
In the UK, public sector net borrowing excluding public sector banks (PSNB ex) measures the gap between revenue raised (current receipts) and total spending. Total spending refers to current expenditure plus net investment (capital spending less capital receipts). Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.