Public Finance Press Releases

Public finance bulletin: September 2010

Date: 21 September 2010
Authors:

Headline Comparisons

  • Central government current receipts, in August were 6.3% higher than in the same month last year. Receipts between April and August 2010 were 9.0% higher than in the same months of 2009. The June 2010 Budget implied that central government current receipts for the whole of 2010−11 would be 6.6% higher than 2009−10 levels.

  • Central government current spending , in August was 10.8% higher than in the same month last year. Spending between April and August 2010 was 6.5% higher than in the same months of 2009. The June 2010 Budget implied that central government current spending for the whole of 2010−11 would be 5.6% above 2009−10 levels.

  • Public sector net investment in August was £2.6bn compared to £3.1bn in the same month last year. Together, public sector net investment between April and August 2010 has been £11.7bn, which is 3.6% higher than in the same five months of 2009. The June Budget predicted that net investment in 2010−11 would be £38.9bn, which is 13% below last year's level.