Reino Unido Resultado fiscal en términos nominales

Public sector net borrowing (excluding public sector banks) in the UK rose to £16.4 billion in March 2025 from £13.6 billion a year earlier, slightly exceeding the forecast of £16.1 billion. This marks the third-highest March borrowing since monthly records began in 1993, behind March 2021 (during the COVID-19 pandemic) and March 2023 (amid surging energy prices). For the full financial year to March 2025, borrowing totaled £151.9 billion, which is £20.7 billion higher than in FY 2024 and £14.6 billion above the OBR’s forecast. Total public sector spending rose by £56.8 billion, driven by increased expenditure on public services, benefits, and debt interest. Meanwhile, total receipts grew by £36 billion, as higher central government tax revenues were partly offset by a decline in national insurance contributions. Public sector net debt was provisionally estimated at 95.8% of GDP, remaining at levels last seen in the early 1960s.