Public Finance Press Releases

Public finance bulletin: March 2006

Date: 20 March 2006
Authors:

Headline Comparisons

  • Central government current receipts in February were 5.3% higher than in the same month last year. The December 2005 Pre-Budget Report forecast for 2005-06 implies an increase over last year's levels of 7.4% for the year as a whole and of 6.2% for the period from November 2005 to March 2006. The latest figures show an increase over last year's levels of 7.4% for both the year to date and the four month period from November 2005 to February 2006.

  • Central government current spending in February was 8.3% higher than in the same month last year. The December 2005 Pre-Budget Report forecast for 2005-06 implies an increase over last year's levels of 4.9% for the year as a whole and of 3.4% for the period from November 2005 to March 2006. The latest figures show an increase over last year's levels of 5.6% for the year to date and a 5.0% increase in November 2005 to February 2006 over the same four months last year.

  • Public sector net investment in February was £0.2bn higher (6.8%) than in the same month last year. The December 2005 Pre-Budget Report forecast for 2005-06 implies an increase of 27.2% for the year as a whole and an increase of 3.3% for the period from November 2005 to March 2006. The latest figures show an increase over last year's levels of 41.7% for the year to date and a 23.9% increase in November 2005 to February 2006 over the same four months last year.