U.K. September Public Sector Finances: Summary

Following is a summary of UK public sector finances for September from the Office for National Statistics in London:

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                           Sept.     Aug.     July     June      May    Sept.
                            2011     2011     2011     2011     2011     2010
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                          ------------------ Public Sector ------------------
PSNCR                     19,883   11,803   -5,789   11,266    2,112   12,133
PSNCR FYTD*                 33.0     13.5      1.7      7.4     -3.8     -7.9
Current budget            -9,174   -9,549    6,623   -9,191  -11,589  -10,760
Net investment             2,210    1,381    1,830    1,543    1,200    2,525
PSNB                      11,384   10,930   -4,793   10,734   12,789   13,285
Net debt*                2,278.6  2,271.5  2,253.7  2,259.0  2,246.7  2,230.9
Net debt % GDP            147.6%   147.7%   147.2%   148.2%   148.0%   151.7%
                          -------- Excluding financial interventions --------
Current budget           -11,929  -12,322    3,850  -11,945  -14,362  -12,815
Net Investment             2,209    1,381    1,830    1,542    1,200    2,596
PSNB                      14,138   13,703   -2,020   13,487   15,562   15,411
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                           Sept.     Aug.     July     June      May    Sept.
                            2011     2011     2011     2011     2011     2010
=============================================================================
PSNB FYTD*                  63.5     49.4     35.7     37.7     24.2     71.0
Net debt*                  966.8    957.2    939.1    944.0    920.7    833.0
Net debt % GDP             62.6%    62.3%    61.3%    61.9%    60.7%    56.6%
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Note1: All figures are in GBP million except where specified.
      Net investment minus surplus on current budget = net borrowing
      * = GBP Billions
      FYTD = Financial Year to Date
Note2: For the first time data for Royal Bank of Scotland and
Lloyds Banking Group have been fully incorporated into the public sector
finances. This has impacted considerably on the measure of
public sector net debt that includes the effects of the financial interventions.
It has not materially affected the measures excluding temporary effects of the
financial interventions, that are used by HM Treasury for the purpose of
fiscal policy and are the measures that are forecast by the Office for
Budget Responsibility.



SOURCE: The Office for National Statistics

To contact the reporter on this story: Harumi Ichikura in London at hichikura@bloomberg.net

To contact the editor responsible for this story: Marco Babicat mbabic@bloomberg.net