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  2. United Kingdom national debt - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom_national_debt

    Interest payments on UK national debt as percentage of GDP, 1900-2011. Distinct from both the national debt and the PSNCR is the interest that the government must pay to service the existing national debt. In 2012, the annual cost of servicing the public debt amounted to around £43bn, or roughly 3% of GDP. [11]

  3. History of the British national debt - Wikipedia

    en.wikipedia.org/wiki/History_of_the_British...

    Interest payments on UK national debt as percentage of GDP from 1900 to 2011. The history of the British national debt can be traced back to the reign of William III, who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt, which evolved into the Bank of England.

  4. Government spending in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Government_spending_in_the...

    Debt interest has grown as a proportion of government spending in the last few years as a result of rising interest rates, and increased debt due to primarily to the cost of the Covid pandemic. [10] In financial year 2018-19, debt interest was £43 billion - around 5% of total government spending [11] compared to around 10% in 2023-24.

  5. List of countries by government debt - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    [1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.

  6. Coronavirus: UK public debt hits record £2tn as crisis ... - AOL

    www.aol.com/news/coronavirus-uk-public-debt...

    Analysts said UK government borrowing this year will be the highest since WWII, despite it coming in lower than expected in recent months. Coronavirus: UK public debt hits record £2tn as crisis ...

  7. Government debt - Wikipedia

    en.wikipedia.org/wiki/Government_debt

    A country's gross government debt (also called public debt or sovereign debt [1]) is the financial liabilities of the government sector. [2]: 81 Changes in government debt over time reflect primarily borrowing due to past government deficits. [3] A deficit occurs when a government's expenditures exceed revenues.

  8. Debt Management Office (United Kingdom) - Wikipedia

    en.wikipedia.org/wiki/Debt_Management_Office...

    The DMO is responsible for day-to-day management of the UK Government's debt.It is tasked with carrying out the UK Government's debt management policy of minimising financing costs over the long term, taking account of risk, and managing the aggregate cash needs of the Exchequer in the most cost-effective way, in both cases consistently with the objectives of monetary and any wider policy ...

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