National Statistics

Public sector finances bulletin

The public sector finances statistical bulletin.

From:
HM Treasury
Published
20 June 2013
Last updated
5 October 2021 — See all updates

Documents

Public sector finances: August 2021

PDF, 1.05MB, 67 pages

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Public sector finances tables: August 2021

MS Excel Spreadsheet, 2.14MB

Details

Error correction in Public Sector Finances (PSF): August 2021 release

Following publication on 21 September 2021, an error has been found in the Public Sector Finances (PSF): August 2021 release. The error affects data for the period April 2020 to August 2021 inclusive.

Public Sector Net Borrowing (excluding Public Sector Banks – PSNB ex) was overstated by £4.6 billion in the financial year ending March 2021 and £2.5 billion in the financial year-to-August 2021. PSNB is now estimated to have been £320.5 billion in the financial year ending March 2021 and £91.3 billion in the financial year-to-August 2021.

This error was the result of provisional data for the Public Sector Funded Pension Schemes being used in the published dataset.

In September 2021, we changed the discount rate used for future pension liabilities from 5% to 4%, taking on a change in international statistical standards. However, in the provisional dataset, the data for April 2020 onwards for these public sector schemes was estimated using the 5% discount rate. In the corrected version, this had been updated, consistent with the 4% rate.

Correcting this error has affected Public Sector Funded Pension Schemes’ net borrowing and so Public Sector Net Borrowing. There has been no impact on net cash requirement or net debt as a result of this correction.

ONS apologises for any inconvenience caused by this error.

The public sector finances statistical bulletin is published jointly by the Office for National Statistics (ONS) and HM Treasury on a monthly basis and provides the latest available estimates for key public sector finance statistics, such as public sector net borrowing, public sector net debt and public sector current budget deficit/surplus.

The bulletin is structured with the latest headline figures, revisions and information on recent events and/or methodological changes which impact on the statistics, located at the front of the bulletin.

Following this there is some contextual information for users and then more detailed information on each of the key aggregates. Historic data on public sector net debt and public sector net borrowing have been included to put the latest figures in context. More detailed notes on the publication are located towards the end of the bulletin.

HM Treasury is no longer producing the public sector finances databank. For information on the key fiscal aggregates:

Go to the OBR for outturn and projected numbers for the key fiscal aggregates in financial years.

Go to the ONS for outturn data of the key fiscal aggregates in quarters, financial years and on a monthly basis.

Go to the ONS for a breakdown on receipts and expenditure.

Published 20 June 2013
Last updated 5 October 2021 + show all updates

  1. Updated with corrected August 2021 Public Sector Finances release

  2. Public sector finances: August 2021 added

  3. updated for July 2021

  4. Updated for June 2021

  5. Updated with Public sector finances: May 2021

  6. Updated with Public sector finances: April 2021

  7. Updated with Public sector finances: March 2021

  8. Public sector finances: February 2021 added

  9. Updated with Public Sector Finances for January 2021

  10. Public sector finances: December 2020 and Public sector finances tables: December 2020 files added.

  11. Note: Public sector finances: November 2020 pdf and Public sector finances tables: November 2020 excel spreadsheet uploaded.

  12. Added September Public sector finances bulletin and tables.

  13. Updated with 'Public sector finances: August 2020'

  14. Updated with Public sector finances bulletin: July 2020.

  15. Updated with 'Public sector finances: June 2020'

  16. Updated with 'Public Sector Finances May 2020' release.

  17. Updated with 'Public Sector Finances April 2020' release.

  18. Updated with 'Public Sector Finances March 2020' release.

  19. Updated with 'Public Sector Finances February 2020'.

  20. Updated with 'Public Sector Finances January 2019'.

  21. Updated with 'Public Sector Finances December 2019'.

  22. Updated with November's bulletin.

  23. Updated with data for October 2019. Correction note removed as it is no longer applicable.

  24. Updated with corrected September 2019 Public Sector Finances release.

  25. Updated with ONS announcement regarding the September 2019 Public Sector Finances release.

  26. Updated with data for September 2019.

  27. Updated with data for August 2019.

  28. Updated with 'Public sector finances bulletin' July data.

  29. Updated with Public Sector Finances: June 2019

  30. Updated with June's forecast.

  31. Updated with data for April 2019.

  32. Updated with data for March 2019.

  33. Updated with data for February 2019.

  34. Updated with 'Public Sector Finances: January 2019'

  35. Updated with 'Public sector finances: December 2018' and 'Public sector finances tables: December 2018'.

  36. Updated with November's public sector finance bulletin.

  37. Updated with October data.

  38. Updated with 'Public sector finances: September 2018'.

  39. Updated with 'Public sector finances: August 2018'.

  40. Updated with 'Public sector finances: July 2018'.

  41. Updated with Public sector finances: June 2018

  42. Updated with Public Sector Finances: May 2018.

  43. Updated with April data.

  44. Updated with March data.

  45. Updated with February data.

  46. Updated with January data

  47. Updated with December data.

  48. Updated with November data.

  49. Updated with October data

  50. Updated with September data

  51. File updated to correct an error in the estimation of local government and public sector net borrowing in 2016 and 2017.

  52. Updated with August data

  53. Updated with July data

  54. Updated with June data

  55. Updated with May data

  56. Updated with April data

  57. Updated with March's data

  58. Updated with February's data

  59. Updated with January's data

  60. Updated with December's data

  61. Updated with November's data

  62. Updated with October data

  63. Updated: Public Sector Finances; September 2016 pdf

  64. Updated with data from September

  65. Updated with: Public sector finances August 2016

  66. Updated with: public sector finance bulletin (July 2016)

  67. Updated with: Public Sector Finances June 2016

  68. Updated with: Public Sector Finances May 2016

  69. updated with april stats

  70. Updated with March 2016

  71. Updated February's PDF with bulletin as well as tables.

  72. Updated with February's bulletin.

  73. error in table REC3 corrected

  74. updated with January figures

  75. updated with december files

  76. Updated with November figures.

  77. Updated to include October's returns

  78. September bulletin added.

  79. Updated with August 2015 figures

  80. Updated for July 2015

  81. Updated with June 2015

  82. Updated with May's public sector finances statistical bulletin.

  83. April bulletin uploaded

  84. Latest monthly public sector finance bulletin (March 2015)

  85. Updated version

  86. Updated version

  87. Updated to include December 2014 outturn

  88. Updated for November return

  89. Updated with the latest monthly public sector finance bulletin (October 2014)

  90. September public sector finances published

  91. updated for August

  92. updated for July

  93. updated for june

  94. updated with May bulletin

  95. updated with April bulletin

  96. added March bulletin and tables

  97. February 2014 release published

  98. updated with january bulletin

  99. updated with new bulletin

  100. updated with november release

  101. added October bulletin

  102. Update for August release

  103. August update

  104. June update

  105. update for may

  106. First published.