Latest data released by ONS - 24 April 2019
- Prior -£0.7 billion; revised to -£0.5 billion
- PSNB (ex-banks) +£1.7 billion vs +£0.4 billion expected
- Prior +£0.2 billion; revised to +£0.4 billion
- PSNCR +£8.9 billion vs £0.6 billion prior
There's quite a number of positives in the release here when taken in as the overall picture, with UK April 2018 to March 2019 public sector debt (ex-banks) is just 1.2% of GDP, which represents the lowest percentage since 2001/02. That's a drop from the 2.0% seen in April 2017 to March 2018.
Also, public sector debt has fallen by 41% during the same period as compared to the similar period a year ago. That at least allows for the government to be more flexible when it comes to making decisions on fiscal policies moving forward, but again it will be subject to the way the country moves forward with Brexit.
