From Morningstar: 2025-03-21 06:23:00

UK public sector borrowing spiked in February to £10.71 billion, the fourth-highest level on record. The current budget deficit was £3.3 billion, £1.0 billion less than last year. Public sector net debt was at 95.5% of GDP. The OBR forecasts total borrowing for the financial year to be £127.5 billion.

The ONS reported that public sector borrowing in February was £10.71 billion, the fourth-highest level on record. The current budget deficit was £3.3 billion, the lowest February deficit since 2022. Public sector net debt stood at 95.5% of GDP, levels last seen in the early 1960s.

The Office for National Statistics revealed that public sector borrowing in February reached £10.71 billion, making it the fourth-highest level since records began. The current budget deficit was £3.3 billion, the lowest February deficit since 2022. Public sector net debt was at 95.5% of GDP, similar to levels in the early 1960s.



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