August 2016 UK PSNB 10.1bn vs 10.300bn exp

August 2016 UK Public sector finances report 21 September 2016

• Prior -1.472bn. Revised to -2.472bn

• Ex-banks 10.546bn vs 10.047bn exp. Prior -0.977bn. Revised to -1.932bn

• PSNCR 727m vs -2.098bn prior. Revised to -2.437bn

• Central government NCR 4.0bn vs 3.6bn prior. Revised to 3.4bn

The ONS says that so far, there are no observable major effects on public finances following the Brexit vote.

There's said to be some skew in the numbers as we see a strong bounce back in income and corp taxes vs July. The income taxes is said to be from self-employed workers filing less in July and more in August.

Public spending is going to be a key topic in new Chancellor Hammond's half budget in November, and whether he's going to look to push the boat out on spending to offset any Brexit fallout.

UK PSNB