How much does the UK government borrow?
Public sector net borrowing excluding banks (ONS series J5II) was £134.3 billion in financial year 2025-26. The current budget deficit is a different series.
| Period | Code | Figure |
|---|---|---|
| 2025-26 | J5II | £134.3 billion |
| April to August 2026 | J5II | £77.3 billion |
| August 2026 | J5II | £18.3 billion |
Related
Provenance
- Source
- ONS Public Sector Finances, Appendix M
- Dataset
- Series J5II, public sector net borrowing excluding public sector banks
- Published
- 22 September 2026
- Coverage
- Financial year 2025-26. Year-to-date and August 2026 are the same series on the bulletin, not extra borrowing on top.
- Last updated
- 24 September 2026 (2026-09-24T08:05:00Z)
- Not combined with incompatible series
- Not the current budget deficit. Not TES. Not TME. Not HMRC cash.