October Government borrowing
October’s monthly deficit, which was £17.4bn, £3.0bn above the OBR’s monthly forecast. The cumulative borrowing figure seven months into 2025/26 is now less than £1bn below the OBR’s target for the year
22 October 2025
September's Government borrowing figures
September's monthly deficit, which was £20.2bn, just £0.1bn above the OBR’s monthly forecast. However, the cumulative borrowing figure half way through 2025/26 is £7.2bn over target
The Government interest bill
The Government’s net interest bill, which grew much faster than its debt post-Covid and is now creating another autumn challenge for the Chancellor