<p><p><p><h4>Headline comparisons</h4><p><ul><li><b>Central government current receipts</b> in 2008-09 were £492.1bn, compared to the £507.0bn forecast in the November 2008 Pre-Budget Report for 2008-09, and the £510.2bn received in 2007-08.<p><li><b>Central government current spending</b> in 2008-09 was £543.5bn, compared to the £546.1bn forecast in the November 2008 Pre-Budget Report for 2008-09, and the £516.1bn spent in 2007-08.<p><li><b>Public sector net investment</b> in 2008-09 was £37.7bn, compared to the £36.5bn forecast in the November 2008 Pre-Budget Report for 2008-09, and the £29.3bn spent on investment in 2007-08.<p><li> Taking receipts and spending together, the <b>current budget deficit</b> in 2008-09 was £52.3bn in 2008-09, which is £11.1bn higher than the £41.2bn forecast in the November 2008 Pre-Budget Report. <p><li><b>Public sector net borrowing</b> totalled £90.0bn in 2008-09, which is £12.4bn higher than the £77.6bn forecast in the November 2008 Pre-Budget Report. <p><li>Underlying <b>public sector net debt</b> at the end of March 2009 stood at 41.7% of national income, this is higher than the 41.2% forecast in November's Pre-Budget Report. Including the impact of nationalising Northern Rock and Bradford & Bingley raises headline public sector net debt to 50.9%.</ul></p></p>