Today provides the first provisional outturn estimate for the budget deficit for the full 2018-19 financial year: £24.7 billion, the lowest since 2001-02. Borrowing was £17.2 billion lower than in 2017-18, but £1.8 billion above our March forecast. However, in recent years the initial outturn estimate of the deficit has on average been revised down by around £3 billion within 12 months.
- 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.
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A report published every two years on the main risks to the public finances.
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Our monthly commentary on the latest public finances data and how it compares to our most recent forecast.
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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.