<p><p><h4>Headline Comparisons</h4><ul><li><em class="bold">Public sector current budget</em> in 2007-08 was in deficit by £7.6bn compared to the March 2008 Budget projection of a deficit of £7.9bn (and the March 2007 Budget projection for a deficit of £4.3bn).</li><li><em class="bold">Public sector net borrowing</em> in 2007-08 was £35.6bn compared to the March 2008 Budget projection of £36.4bn (and the March 2007 Budget projection of £33.7bn).</li><li><em class="bold">Public sector net debt</em> at the end of 2007-08 was £527.7bn, or 36.7% of national income compared to the March 2008 Budget projection of 37.1% (and the March 2007 Budget projection of 38.2%).</li><li><em class="bold">Central government current receipts</em> in March were 7.6% higher than in the same month last year and over the whole of 2007-08 were 5.7% above the outturn for 2006-07. Overall, current receipts in 2007-08 are thought to have been £510.8bn, compared to the March 2008 Budget projection of £511.5bn (and the March 2007 Budget projection of £515.7bn).</li><li><em class="bold">Central government current spending</em> in March was 7.6% higher than in the same month last year and over the whole of 2007-08 was 6.1% above the outturn for 2006-07. Overall, current spending in 2007-08 is now thought to have been £518.6bn compared to the March 2008 Budget projection of £519.1bn (and the March 2007 Budget projection of £518.6bn).</li><li><em class="bold">Public sector net investment</em> in March was 6.5% higher than in the same month last year and over the whole of 2007-08 was 8.6% above the outturn for 2006-07. Overall, net investment in 2007-08 is now thought to have been £28.0bn compared to the March 2008 Budget projection of £28.5bn (and the March 2007 Budget projection of £29.4bn).</li></ul></p></p>