UK borrowing this financial year has overshot forecasts

UK cumulative public sector net borrowing

by month, £ billion

£125bn

100

July 2024

£51.4bn

75

OBR

forecast

50

25

0

Apr

2024

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

2025

Feb

Mar

UK cumulative public sector net borrowing by month, £ billion

£125bn

100

OBR forecast

July 2024

£51.4bn

75

50

25

0

Apr

2024

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

2025

Feb

Mar