Header and navigation menu

Page content

UK’s National Debt Tops £3 Trillion for First Time

Britain’s national debt has passed £3 trillion for the first time, according to TaxPayers’ Alliance (TPA) figures. That is around 95% of GDP, or more than £100,000 per household. The ONS had net debt at £2.99 trillion at the end of June. July alone last year added more than £20 billion, enough to tip the total over the £3 trillion mark if repeated this year. [...]