Box sets » Financial transactions » Network Rail

Revisions to the central government net cash requirement forecast

Revisions to the central government net cash requirement forecast
Our March 2015 Economic and fiscal outlook forecast highlighted that CGNCR ex outturn were significantly lower than what implied by our fiscal forecast. This box decomposed the revisions to CGNCR ex since our March 2015 forecast and it explained the factors that contributed to the divergence between our CGNCR ex forecast and the outturn.

Fiscal categories: Current government net cash requirement, Financial transactions, Network Rail

Cross-cutting categories: Forecast process

Forecasting debt interest spending

Forecasting debt interest spending
Our March 2015 Economic and fiscal outlook forecast highlighted large changes in our debt interest forecast since previous fiscal events and the added complexity that debt interest was expressed net of the effect of gilts held by the Bank of England Asset Purchase Facility (APF) associated with past quantitative easing. This box described how we produced the debt interest forecast and illustrated some of the sensitivities to which it was subject.

Economy categories: Interest rates

Fiscal categories: Debt interest spending, Public sector net borrowing, Public sector net debt, Public spending, Financial transactions, Network Rail, Asset Purchase Facility

Cross-cutting categories: Forecast process, Pensions

Classification changes affecting the public finances data

Public finances data are subject to regular classification and methodological changes. This box outlined the classification changes associated with the implementation of the new 2010 European System of Accounts (ESA10). Annex B of our March 2014 EFO explained these changes in more detail.

Economy categories: Economic data revisions

Fiscal categories: Public spending, Receipts, Financial transactions, Network Rail, Public sector net debt, Asset Purchase Facility, Royal Mail, Public service pension payments, EU contributions

Cross-cutting categories: Financial sector, Classification changes, Data revisions, Pensions

Classifications changes affecting the public finances data

This box explored the implications of the new 2010 European System of Accounts (ESA10) on our public finances forecast, ahead of its incorporation in our December 2014 EFO. Annex B of our March 2014 EFO explained these changes in more detail.

Economy categories: Economic data revisions

Fiscal categories: Asset Purchase Facility, Royal Mail, Public service pension payments, EU contributions, Public sector net debt, Public spending, Receipts, Financial transactions, Network Rail

Cross-cutting categories: Data revisions, Pensions, Classification changes, Financial sector

Potential changes to public finances data

Public finances data are subject to regular classification and methodological changes. This box outlined potential classification changes ahead of the PSF review. Annex B of our March 2014 EFO explained these changes in more detail.

Fiscal categories: Asset Purchase Facility, Financial transactions, Network Rail, Public sector net debt, Public sector net borrowing, Royal Mail

Cross-cutting categories: Classification changes, Pensions, Data revisions