UK Public Finances Show Record Surplus of $40.9 Billion in January

Chancellor of the Exchequer Rachel Reeves (C) poses with the red Budget Box as she leaves 11 Downing Street to present the government’s annual budget to Parliament in London on Nov. 26, 2025. Leon Neal/Getty ImagesThe UK recorded a record monthly surplus of 30.4 billion pounds (about $40.9 billion) in January, initial government estimates show on Feb. 20.The amount exceeded the 24.1 billion pounds ($32.5 billion) expected by the government’s Office for Budget Responsibility (OBR), according to the Office for National Statistics (ONS), and was the highest surplus since records began in 1993.