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Inclusion of Bank of England and Northern Rock in Public Sector Finance Statistics
How data for Bank of England and Northern Rock will be incorporated into the public sector finances
The article explains how data for the Bank of England and Northern Rock will be incorporated into the public sector finances. This follows the ONS announcement on 7 February 2008 that Northern Rock would be classified as a public monetary financial institution from 9 October 2007. To allow for a consistent and meaningful presentation of the dataset, ONS also announced that the Bank of England, which is also a public monetary financial institution, would be fully included within the public sector finances at the same time.
Published in web format: 11 September 2008 at 9:30 am
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