Borrowing slightly lower in October


Public sector net borrowing in October was £0.2 billion lower than it was in October last year. However, borrowing is still £3.7 billion higher in the first seven months of the year than the same period last year.


What else is new

21st November 2014

Following a request for information from our March 2014 Economic and fiscal outlook, we have published the quarterly profile for our residential property transactions forecast.

16th October 2014

Our first Welfare trends report looks back at the past three decades of welfare spending and forward to prospects over the coming five years. We consider the key risks to our forecast for welfare spending, both inside and outside the Government’s ‘welfare cap’. Supporting documents can be accessed via the main Welfare trends report page […]

16th October 2014

Our latest Forecast evaluation report focuses on developments in 2013-14, a year that saw growth pick up strongly and the budget deficit narrow further. In particular, we consider why it was that we under-estimated the pick-up in growth from early 2013, but why did the budget deficit not fall more rapidly as a consequence. We […]

What we do

The Office for Budget Responsibility:

  • produces forecasts for the economy and public finances,
  • judges progress towards the Government's fiscal targets,
  • assesses the long-term sustainability of the public finances,
  • scrutinises the Treasury's costing of tax and welfare measures. more

What's coming

Economic and fiscal outlook
Public finances release
Public finances release

More of what's coming