Public sector net borrowing forecasts are up

Forecasts, £bn

Nov 2025

Mar 2025

Difference

0

30

60

90

120

150

149.5

2024-25

Outturn

+12.1

138.3

2025-26

Forecast

+20.6

112.1

2026-27

+14.9

98.5

2027-28

+18.3

86.9

2028-29

+9.5

67.9

2029-30

-6.2

2030-31

67.2

Forecasts, £bn

Nov 2025

Mar 2025

Difference

0

30

60

90

120

150

149.5

2024-25

Outturn

+12.1

138.3

2025-26

Forecast

+20.6

112.1

2026-27

+14.9

98.5

2027-28

+18.3

86.9

2028-29

+9.5

67.9

2029-30

-6.2

2030-31

67.2

Forecasts, £bn

Nov 2025

Mar 2025

Difference

150

+12.1

+20.6

149.5

138.3

120

+14.9

112.1

+18.3

90

98.5

+9.5

86.9

60

67.9

67.2

-6.2

30

0

2024-25

Outturn

2025-26

Forecast

2026-27

2027-28

2028-29

2029-30

2030

-31

Forecasts, £bn

Nov 2025

Mar 2025

Difference

+12.1

150

+20.6

149.5

138.3

120

+14.9

112.1

+18.3

90

98.5

+9.5

86.9

60

67.9

67.2

-6.2

30

0

2024-25

Outturn

2025-26

Forecast

2026-27

2027-28

2028-29

2029-30

2030-31