October 2016 UK Public spending and borrowing data report 22 November 2016
Prior 10.118bn. Revised to 9.240bn
PSNB ex-banks 4.796bn vs 6.000bn exp. Prior 10.613bn. Revised to 9.735bn
PSNCR -3.413bn vs 13.285bn prior. Revised to 18.929bn
Central gov NCR -4.0bn vs 22.5bn prior
A big boost from VAT and corporate taxes helped the coffers. Public debt was at another record though at 1.642tn or 83.8% of GDP. We'll get a good idea tomorrow of how much Chancellor Hammond is likely to need for any grand plans to steer us through Brexit.
UK PSNB m/m
