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September 2009
Article
Public finance bulletin: September 2009
Type: Public Finance Press Releases
Authors: Robert Chote, Rowena Crawford, Carl Emmerson and Gemma Tetlow

Headline Comparisons

  • Central government current receipts in August were 9.2% lower than in the same month last year. Receipts between April and August 2009 were 11.4% lower than in the same months of 2008. The 2009 Budget implied that central government current receipts for the whole of 2009-10 would be 7.6% below 2008-09 levels.

  • Central government current spending in August was 3.0% higher than in the same month last year. Spending between April and August 2009 was 5.3% higher than in the same months of 2008. The 2009 Budget implied that central government current spending for the whole of 2009-10 would be 7.4% above 2008-09 levels.

  • Public sector net investment in August was £3.3bn compared to £2.1bn in the same month last year. Together, public sector net investment between April and August 2009 has been £12.4bn, which is 37% higher than in the same three months of 2008. The Budget predicted that net investment in 2009-10 would be £43.8bn, which is 16% above last year's level.

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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.
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Public spending and finance
Centres or projects
Monthly public finances analysis
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