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View Full Version : Public Sector Finances UK September 2022



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21-Oct-22, 19:51
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Public Sector Finances UK September 2022




Public sector net borrowing excluding public sector banks (PSNB ex) was £20.0 billion in September 2022, which was £2.2 billion more than in September 2021 and the second highest September borrowing since monthly records began in 1993, being £8.2 billion lower than in September 2020 at the height of the coronavirus (COVID-19) pandemic. Central government current (or day-to-day) expenditure was £79.3 billion in September 2022, which was £5.8 billion more than in September 2021; this largely reflected a £2.5 billion increase in debt interest payable, and a £4.4 billion increase in net social benefit payments being partially offset by a £1.4 billion reduction in subsidy payments. [Read Full Article (https://caithness-business.co.uk/article/18095)]