UK April public sector net borrowing £61.4 billion vs £49.6 billion expected

Author: Justin Low | Category: News

Latest data released by ONS - 22 May 2020

  • Prior £2.3 billion; revised to £14.0 billion
  • PSNB (ex banks) £62.1 billion vs £42.5 billion expected
  • Prior £3.1 billion; revised to £14.7 billion
  • PSNCR £89.5 billion
  • Prior £7.2 billion; revised to £7.8 billion
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Slight delay in the release by the source. Central government borrowing rose from £21.3 billion in March to £63.5 billion in April, as the figures show the largest ever budget deficit in the UK since records began in 1993. That isn't much of a surprise given the fiscal response to combat the economic fallout from the coronavirus outbreak.

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