Public sector net borrowing (excluding public sector banks, PSNB ex) was estimated to have been £22.8 billion in June 2021; this was the second-highest June borrowing since monthly records began in 1993, £5.5 billion less than in June 2020. Central government receipts in June 2021 were estimated to have been £62.2 billion, £9.5 billion more than in June 2020, while central government bodies spent £84.1 billion, £2.5 billion more than in June 2020. Public sector net borrowing (PSNB ex) was estimated to have been £69.5 billion in the financial year-to-June 2021; this was the second-highest financial year-to-June ... (full story)