UK Jan 2018 Public Sector Net borrowing -11.6B£ vs -11.5B£ expected

by | February 21st, 2018, 09:30:43 | Economic Data, UK

UK economics

PSNB numbers for Jan 2018 on 21.02.2018

  • PSNB prior 0.98B£
  • Public sector net cash requirement -26.4B£ vs prior 25.13B

Better Borrowing requirements here

 

Self-assessment receipts help borrowing figures for January; second-lowest January net borrowing on record
ONS

-10.0B – PSNB Ex-Banking Groups (GBP) Jan: (est -9.5B; prev R 1.9B)
-11.6B – Public Sector Net Borrowing (GBP) Jan: (est -11.4B; prev R 0.3B)
-26.4B – Public Finances (PSNCR) (GBP) Jan: (prev R 25.3B)
-27.3B – Central Government NCR (GBP) Jan: (prev 18.8B)

 

Notes
– Current financial YTD PSNB Ex-banks fell 7.2B to 37.7B vs year-ago
– Current financial YTD borrowing lowest since Jan 2008
– Self-assessed Income Tax & Capital Gains tax receipts 18.4B in Jan 18; 0.9B below Jan 17

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