Financial News: UK Budget Deficit Exceeds Estimate

UK Budget Deficit Exceeds Estimate

09/22/2026 - 02:55:00 (RTTNews)

(RTTNews) - The UK budget deficit exceeded the government estimate in August, data from the Office for Budget Responsibility said Tuesday.

Public sector net borrowing increased GBP 2.9 billion from the previous year to GBP 18.3 billion in August.

This was the second-highest borrowing for August on record and also GBP 3.5 billion above the estimate of the Office for Budget Responsibility.

In the financial year to August, borrowing decreased GBP 2.2 billion to GBP 77.3 billion. However, this was GBP 8.1 billion above the OBR forecast.

At the end of August, public sector net debt was equivalent to 93.8 percent of GDP, was 1.3 percentage points lower than a year earlier.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Budget Deficit Exceeds Estimate (30 min(s), 11 sec(s) ago)
(RTTNews) - The UK budget deficit exceeded the government estimate in August, data from the Office ...Full Story»

Finland Jobless Rate Falls To 9.1%, Lowest In 11 Months (32 min(s), 11 sec(s) ago)
(RTTNews) - Finland's unemployment rate decreased further in August to the lowest level in nea ...Full Story»

Dutch Consumers Slightly Less Pessimistic In September (55 min(s), 11 sec(s) ago)
(RTTNews) - Dutch consumer confidence improved marginally in September amid a rise in their purcha ...Full Story»

Taiwan Data Due On Tuesday (36 min(s), 49 sec(s) ago)
(RTTNews) - Taiwan will on Tuesday release August figures for export orders and unemployment, high ...Full Story»

Luxembourg Jobless Rate Rises To 6.5%, Highest Since July 2020 (07 min(s), 49 sec(s) ago)
(RTTNews) - Luxembourg's unemployment rate increased in August to the highest level in just ov ...Full Story»

UK House Prices Rise For First Time Since May: Rightmove (09 min(s), 49 sec(s) ago)
(RTTNews) - UK house prices increased for the first time in four months in September, reflecting e ...Full Story»

Slovenia Producer Price Inflation Highest In Over 3 Years (16 min(s), 49 sec(s) ago)
(RTTNews) - Slovenia's producer price inflation accelerated slightly in August to the highest ...Full Story»

Turkey Capacity Utilization Rises In September; Business Morale Falls To 5-month Low (52 min(s), 49 sec(s) ago)
(RTTNews) - Turkey's manufacturing capacity utilization rate increased in September, while fac ...Full Story»