Borrowing in 2018-19 was revised up by £15.8 billion this month to £41.4 billion, thanks largely to statistical changes. These include planned improvements to the accounting treatment of student loans and a substantial correction to corporation tax data. The effect of the changes in 2019-20 leaves the deficit on course to exceed our March forecast (even restated for the new student loans treatment).
- Coronavirus analysis
- Economic and fiscal outlook
- Fiscal sustainability report
Long-term projections of the UK public finances and public sector balance sheet analysis.
- Forecast evaluation report
Report into how our forecasts compare to subsequent outturn data and identifying lessons for future forecasts.
- Welfare trends report
An in-depth look at the drivers of welfare spending both inside and outside the Government’s welfare cap.
- Fiscal risks report
A report published every two years on the main risks to the public finances.
- Monthly public finance release
Our monthly commentary on the latest public finances data and how it compares to our most recent forecast.
- All other publications
In-depth discussion and technical papers, devolved tax forecasts, press releases and disclosures.
Five year forecasts for the UK economy and public finances and an assessment of whether the Government is likely to achieve its fiscal targets.