Chief Secretary to the Treasury responds to the Public Sector Finances for September 2025

Chief Secretary to the Treasury James Murray said:

“This government will never play fast and loose with the public finances. We know that when you lose control of the public purse it's working people who pay the price. That's why we plan to bring down borrowing, and according to IMF data, are set to deliver the largest primary deficit reduction in both the G7 and G20 over the next five years. 

“We are cutting waste, improving efficiency and transforming our public services for the future – so that we can be rid of costly debt interest, instead putting that money into our NHS, schools and police.

Public sector finances, UK: September 2025