Latest data released by ONS - 21 February 2019
- Prior £2.1 billion
- PSNB (ex-banks) -£14.9 billion vs -£10.0 billion expected
- Prior (ex-banks) £3.0 billion
- PSNCR -£25.4 billion vs £21.3 billion prior
A stronger than expected fiscal surplus and ONS says that reflects big year-on-year increases in income tax and capital gains tax receipts. Meanwhile, the ex-banks surplus of £14.9 billion dwarfs the January 2018 surplus of £9.3 billion and is the largest on record.
