This article compares the estimates of public sector net borrowing published in the monthly Public Sector Finances (PSF), on 21 September 2017, and the National Accounts (NA), published on 29 September 2017, and summarises the reasons for the differences identified.
Publications
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Alignment between public sector finances and national accounts: September 2017
Explanation of the differences between public sector net borrowing estimates published in the public sector finances and those in the national accounts.
Data
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Differences between Blue Book and the public sector finances for central government, local government and non-financial public corporations net borrowing
Breakdown of reasons for net borrowing differences between Blue Book 2017 and the Public Sector Finances as at September 2017 by sub-sector (central government, local government and non-financial public corporations).
The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics.
Designation can be broadly interpreted to mean that the statistics:
- meet identified user needs
- are well explained and readily accessible
- are produced according to sound methods
- are managed impartially and objectively in the public interest
Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed.