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Home Publications Public finance bulletin October 2003

Public finance bulletin October 2003

Robert Chote, Carl Emmerson and Christine Frayne
Public finance press release

Headline comparisons

  • Central government current receipts in the first six months of the financial year are 5.9% up on the same period last year. The Budget 2003 forecast for 2003-04 implies an increase of 7.3% for the year as a whole.

  • Central government current spending in the first six months of the financial year is 9.8% up on the same period last year. The Budget 2003 forecast for 2003-04 implies an increase of 7.0% for the year as a whole.

  • Public sector next investment in the first six months of the financial year is 102.1% up on the same period last year. The Budget 2003 forecast for 2003-04 implies an increase of 76.3% for the year as a whole.