Follow us
Publications Commentary Research People Events News Resources and Videos About IFS
Home Publications Public finance bulletin: December 2006

Public finance bulletin: December 2006

Carl Emmerson, Christine Frayne and Gemma Tetlow
Public finance press release

Headline Comparisons

  • Central government current receipts in November were 5.1% higher than in the same month last year. This month's Pre-Budget Report forecast for 2006-07 implies an increase over last year's levels of 6.9% for the year as a whole and of 7.3% for the period from November 2006 to March 2007. The latest figures show an increase over last year's levels of 6.4 % for the year to date.
  • Central government current spending in November was 1.0% higher than in the same month last year. This month's Pre-Budget Report forecast for 2006-07 implies an increase over last year's levels of 5.0% for the year as a whole and of 2.6% for the period from November 2006 to March 2007. The latest figures show an increase over last year's levels of 6.1% for the year to date.
  • Public sector net investment in November was £2.2bn (8.9%) higher than in the same month last year. This month's Pre-Budget Report forecast for 2006-07 implies an increase of 30.2% for the year as a whole and an increase of 16.1% for the period from November 2006 to March 2007. The latest figures show an increase over last year's levels of 43.0% for the year to date.