Spotlight
Public sector net borrowing, excluding public sector banks (£ million)
£ 11,653 million
2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
Public sector finances, UK: November 2025
What's in the bulletin?
- Borrowing - the difference between total public sector spending and income - was £11.7 billion in November 2025; this was £1.9 billion (or 14.0%) less than November 2024 and the lowest November borrowing since 2021 (not adjusted for inflation).
- Borrowing in the financial year to November 2025 was £132.3 billion; this was £10.0 billion (or 8.2%) more than in the same eight-month period of 2024 and the second-highest April to November borrowing on record (not adjusted for inflation), after that of 2020.
- Borrowing in the financial year to November 2025 was provisionally estimated at 4.4% of gross domestic product (GDP); this was 0.1 percentage points more than in the same eight-month period of 2024.
The UK contribution to the EU budget
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Time series related to Public sector finance
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£ 11,653 million 2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
-
£ 5,590 million 2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
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£ 6,063 million 2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
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£ 2,927.7 bn 2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
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95.6 % 2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
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£ 13,479 m 2025 NOV
- Release date:
- 19 December 2025
- Next release:
- 22 January 2026
Datasets related to Public sector finance
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Local government plus expenditure by local authority, UK
UK local government expenditure by local authority area and function of government. These are official statistics in development.
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Public sector finances time series
Time series data for public sector finances and important fiscal aggregates, based on the new European System of Accounts 2010: ESA10 framework.
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Public sector finances tables 1 to 10: Appendix A
The data underlying the public sector finances statistical bulletin are presented in the tables PSA 1 to 10.
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Public sector current receipts: Appendix D
A breakdown of UK public sector income by latest month, financial year-to-date and full financial year, with comparisons with the same period in the previous financial year.
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Public sector finances borrowing by sub-sector: Appendix R
Public sector finances analytical tables (PSAT) showing transactions related to borrowing by sub-sector. Total Managed Expenditure (TME) is also provided.
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Government debt and deficit
Summary, reconciliation and revisions information on UK government deficit and debt figures by calendar and financial year.
Publications related to Public sector finance
Statistical bulletins
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Public sector finances, UK: November 2025
How the relationship between UK public sector monthly income and expenditure leads to changes in deficit and debt.
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UK government debt and deficit: December 2023
Quarterly estimates of UK government debt and deficit.
Articles
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Economic statistics classifications and developments in public sector finances
Includes the latest economic statistics classification updates, and information on future developments in public sector finance statistics
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Alignment between public sector finances and national accounts
Explanation of the differences between public sector net borrowing estimates published in the public sector finances and those in the national accounts.
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Wider measures of public sector net debt
An update to previous wider measures of government debt articles, to support the release of the latest supplementary information on contingent liabilities and other potential obligations outside the public sector finances reporting framework.
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National Accounts articles
National accounts improvements to mixed income estimates.
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Effects of the economy on public sector net debt, UK
Examines the economic reasons behind the large increase in public sector net debt as a percentage of GDP over the last two decades.
Methodology related to Public sector finance
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