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Small budget deficit recorded in July 2013 as spending jumps 21 Aug 2013 | 04:28 pm

Public sector net borrowing – excluding transfers related to quantitative easing – was £0.5 billion in July 2013. This was worse than market expectations of a surplus on the month, reflecting a jump i...

Commentary on the public sector finances release 21 Aug 2013 | 04:25 pm

Commentary on the public sector finances 21st August 2013 pdf, 68.65 kB

Supplementary forecast information release 20 Aug 2013 | 03:00 pm

Since the last scheduled release of supplementary forecast information on 22 May we have not received any further requests to publish additional information underlying our forecasts. We will therefore...

Ageing population to put pressure on the public finances 19 Jul 2013 | 05:18 pm

Our third Fiscal sustainability report published on 17 July shows that further tax increases or spending cuts are likely to be needed after the current fiscal consolidation to help meet the costs of a...

Borrowing in 2012-13 revised down again 19 Jul 2013 | 05:01 pm

Public sector net borrowing is now estimated to have fallen by £2.1 billion between 2011-12 and 2012-13, excluding transfers related to quantitative easing and Royal Mail pension assets. This reflects...

Commentary on the public sector finances release 19 Jul 2013 | 05:00 pm

Commentary on the public sector finances 19th July 2013 pdf, 87.76 kB

Publication of monthly commentary on the public finances 19 Jul 2013 | 01:30 pm

The latest public finances data, for June 2013, was published by the ONS and HM Treasury today at 9:30am. Our regular monthly commentary on the release will be published here at around midday.

Stephen Nickell nominated for reappointment to the BRC 17 Jul 2013 | 08:00 pm

The Chancellor has today proposed the reappointment of Stephen Nickell for a second term as a member of the Budget Responsibility Committee of the OBR. Robert Chote, Chair of the OBR, said: “I am del...

Fiscal sustainability report – press conference speaking note 17 Jul 2013 | 02:49 pm

Fiscal sustainability report - speaking notes July 2013 17th July 2013 pdf, 162.19 kB

Fiscal sustainability report – press conference slides 17 Jul 2013 | 02:47 pm

Fiscal sustainability report - presentation slides July 2013 17th July 2013 pdf, 227.65 kB

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