# United Kingdom General Government: Net lending(+)/net borrowing(-): (Inc SWAPS) ()

United Kingdom General Government: Net lending(+)/net borrowing(-): (Inc SWAPS) () was −60,849 £m in Q2 2026, down 1,314.6% from Q1 2026 and up 3,089.0 from a year earlier.
That is the lowest reading since Q2 2025.
Over the past ten years it has ranged from −131,818 £m (Q2 2020) to 7,059.0 £m (Q1 2019), averaging −32,657 £m.

- Source agency: UK Office for National Statistics
- Makrognosis code: `UK.GOVBAL.Q.NSA.ITEM-MDUK`
- Frequency: quarterly
- Units: £m
- Coverage: 1963-01-01 to 2026-04-01 (254 observations)
- Page: https://makrognosis.robomacro.com/data/united-kingdom/general-government-net-lending-net-borrowing-inc-swaps

## Recent data

| Period | Value |
|---|---:|
| Q2 2026 | −60,849 £m |
| Q1 2026 | 5,010.0 £m |
| Q4 2025 | −44,194 £m |
| Q3 2025 | −40,800 £m |
| Q2 2025 | −63,938 £m |
| Q1 2025 | −13,782 £m |
| Q4 2024 | −54,217 £m |
| Q3 2024 | −43,908 £m |
| Q2 2024 | −57,849 £m |
| Q1 2024 | −16,360 £m |
| Q4 2023 | −43,936 £m |
| Q3 2023 | −39,721 £m |
| Q2 2023 | −60,962 £m |
| Q1 2023 | −24,291 £m |
| Q4 2022 | −43,650 £m |
| Q3 2022 | −25,291 £m |
| Q2 2022 | −41,877 £m |
| Q1 2022 | −5,063.0 £m |
| Q4 2021 | −25,460 £m |
| Q3 2021 | −37,834 £m |
| Q2 2021 | −64,087 £m |
| Q1 2021 | −45,985 £m |
| Q4 2020 | −63,404 £m |
| Q3 2020 | −76,078 £m |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.GOVBAL.Q.NSA.ITEM-MDUK"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.GOVBAL.Q.NSA.ITEM-MDUK",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```