Fiscal Expenditure in the United Kingdom decreased to 112725 GBP Million in January from 115619 GBP Million in December of 2025. Fiscal Expenditure in the United Kingdom averaged 62095.05 GBP Million from 1997 until 2026, reaching an all time high of 119782.00 GBP Million in March of 2025 and a record low of 22824.00 GBP Million in May of 2000. source: Office for National Statistics

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	112725.00	115619.00	GBP Million	Jan 2026
Public Sector Net Borrowing Ex Banks	30366.00	-13355.00	GBP Million	Jan 2026
Government Debt	2867.40	2923.70	GBP Billion	Jan 2026
Government Revenues	143091.00	102264.00	GBP Million	Jan 2026
Government Spending	149452.00	148828.00	GBP Million	Dec 2025
Government Spending to GDP	44.00	44.10	percent of GDP	Dec 2024
Interest Payments on Government Debt	1501.00	9062.00	GBP Million	Jan 2026
Public Sector Net Borrowing	30366.00	-13355.00	GBP Million	Jan 2026
Public Sector Net Debt to GDP	92.90	95.00	percent of GDP	Jan 2026
Tax Revenue	109657.00	69524.00	GBP Million	Jan 2026

United Kingdom Total Public Sector Spending Exc Banks

In the United Kingdom, Fiscal Expenditure refers to total public sector spending excluding banks and covers all current and capital spending carried out by the public sector, including depreciation. This is equal to public sector current expenditure (such as the cost of central government's provision of services and grants, payment of social benefits and the payment of the interest on its outstanding debt), plus public sector net investment, plus deprecation.