Budget

Public sector finances

UK government borrowing and the deficit

Public sector net borrowing in the financial year 2026-27 to date (April to September 2026) was £97.8bn. In the same months of the previous financial year it was £102.3bn.

Borrowing is the gap between what the public sector spends and what it receives. Figures are revised in later releases. The running total adds to net debt. Comparison with a forecast is on forecasts.

Public sector net borrowing by month

£bn. Bars above zero are borrowing; below zero, a surplus.

Office for National Statistics · Public sector net borrowing excluding public sector banks (J5II) · Published 21 Oct 2026 · Licence terms · Source data · Methodology

Borrowing so far in 2026-27 against 2025-26

£bn, running total. In real terms, only 2026-27 is adjusted. A share of GDP is not shown for part of a year.

Month2026-27, £bn2025-26, £bn
Apr 2026£23.1bn£20.2bn
May 2026£42.4bn£38.4bn
Jun 2026£55.7bn£62.7bn
Jul 2026£56.1bn£64.2bn
Aug 2026£73.3bn£79.5bn
Sept 2026£97.8bn£102.3bn

Office for National Statistics · Public sector net borrowing excluding public sector banks (J5II) · Published 21 Oct 2026 · Licence terms · Source data · Methodology