This is one of a series of reports prepared under the provisions of the Statistics and Registration Service Act 2007 . The Act gives the UK Statistics Authority power to re-assess whether the Code of Practice for Official Statistics continues to be complied with in relation to official statistics already designated as National Statistics. The report covers the set of statistics reported in Public Sector Finances (PSF), produced jointly by the Office for National Statistics (ONS) and Her Majesty’s Treasury (HM Treasury), and EU Government Deficit and Debt Return (Government Deficit and Debt), produced by ONS.
The previous assessment of these statistics was reported in Assessment report 1446 , published in November 2011. These statistics have been re-assessed because of their importance in setting fiscal policy and because the compilation of the statistics has significantly changed since the previous assessment in 2011.
This report was prepared by the Authority’s Assessment team, and approved by the Regulation Committee on behalf of the Board of the Authority, based on the advice of the Director General for Regulation.