The UK Picture

Public sector net borrowing (excluding public sector banks)

public-finances

Monthly public sector borrowing excluding public sector banks. Positive values mean borrowing (a deficit); negative values mean net lending (a surplus).

Latest

£18.27bn
2026 AUG

Previous-period movement

+16.23
This describes movement, not whether the outcome is good or bad.

Source

Office for National Statistics

Retrieved 2026-09-22 · revision 1
Historical trendUp to 120 most recent observations. Latest value 18.27 GBP bn.51.10 GBP bn2016 SEP2026 AUG

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Recent observations

PeriodValueRevision
2026 AUG£18.27bn1
2026 JUL£2.04bn3
2026 JUN£13.72bn3
2026 MAY£19.87bn3
2026 APR£23.4bn3
2026 MAR£12.31bn3
2026 FEB£12.76bn3
2026 JAN-£32.02bn3
2025 DEC£12.93bn3
2025 NOV£9.91bn3
2025 OCT£16.17bn3
2025 SEP£22.76bn3
2025 AUG£15.35bn3
2025 JUL£1.48bn3
2025 JUN£24.26bn3
2025 MAY£18.24bn3
2025 APR£20.15bn3
2025 MAR£13.42bn3
2025 FEB£11.62bn3
2025 JAN-£14.98bn3
2024 DEC£18.41bn3
2024 NOV£13.26bn3
2024 OCT£19.09bn3
2024 SEP£18.71bn3

One reading

Borrowing can support services and investment during weak conditions or exceptional shocks.

Another reading

Persistent borrowing and high debt can increase interest costs and reduce room for future tax or spending choices.

What the data cannot prove: a movement does not by itself identify its cause or show that every person experienced the same outcome.