Browse IFS
Publication types
Advanced search
Public Finance Press Releases
June 2004
Article
Public finance bulletin June 2004
Type: Public Finance Press Releases
Authors: Robert Chote, Carl Emmerson and Christine Frayne
Published in: Public Finance Bulletins

Headline comparisons

  • Central government current receipts in May were 5.5% higher than in the same month last year. Receipts in April and May 2004 were 3.7% higher than in the same months of 2003. The 2004 Budget implied that central government receipts for the whole of 2004-05 would be 7.4% above 2003-04 levels.

  • Central government current spending in May was 3.1% higher than in the same month last year. Spendning was 5.6% higher than in the same months of 2003. The 2004 Budget implied that central government current spending for the whole of 2004-05 would be 5.3% above 2003-04 levels.

  • Public sector net investment in May was £0.4bn, or 69.7% higher than in the same month last year. Together, public sector net investment during April and May 2004 has been £0.7bn, which is 62.8% lower than in the same two months of 2003. The Budget predicted that net investment in 2004-05 would be 22.4bn, which is 56.6% above last year's level.

Download full version (PDF 28 KB)

Search

Title (or part of title)
Author surname (or part of surname)

Funders

ESRC

IFS public finance bulletins are generously supported by the Economic and Social Research Council. The analysis is based on IFS calculations and does not reflect the views of the ESRC.
Recent publications
View all Public Finance Press Releases in the series

Recent Public Finance Press Releases

Public finance bulletin: March 2013
IFS analysis of this month's public finance figures.

Public finance bulletin: February 2013
IFS analysis of this month's public finance figures.

Public finance bulletin: January 2013
IFS analysis of this month's public finance figures.

Subscribe via one of these feeds for Public Finance Press Releases:
RSS feed
Atom feed