Tuesday, 26 November 2013

Government Borrowing £0.2bn Lower Than Last Year

The latest figures from the ONS on public sector finance suggest that in October 2013, public sector net borrowing excluding the effects of financial intervention (PSNB ex) was £8.1bn. General Government borrowing totalled £8.2bn of which central government accounted for £7.7bn and local government £0.5bn. Non-financial public corporations reported -£0.1bn of borrowing. Public sector net debt (PSND) was £1207.2 or 75.4% of annual GDP. The public sector current budget was -£5.7bn and public sector net investment (PSNI) was £2.3bn.

No comments: