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  2. 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.

  3. United Kingdom national debt - Wikipedia

    en.wikipedia.org/wiki/United_Kingdom_national_debt

    The United Kingdom national debt is the total quantity of money borrowed by the Government of the United Kingdom at any time through the issue of securities by the British Treasury and other government agencies. At the end of March 2023, UK general government gross debt was £2,537.0 billion, or 100.5% gross domestic product. [2]

  4. 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.

  5. File:UK Debt as percentage of GDP.svg - Wikipedia

    en.wikipedia.org/wiki/File:UK_Debt_as_percentage...

    English: This chart shows UK debt as a percentage of GDP (1993-2023). This chart uses data from the Office for National Statistics (ONS). This chart uses data from the Office for National Statistics (ONS).

  6. Interest spikes UK debt to record £7.6bn in May - AOL

    www.aol.com/news/uk-borrowing-interest-payments...

    The national debt servicing cost is 50% more than the £5.1bn forecast by the Office for Budget Responsibility. Interest spikes UK debt to record £7.6bn in May Skip to main content

  7. Budget of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Budget_of_the_United_Kingdom

    Since autumn 2017 the United Kingdom budget typically takes place in the Autumn in order to allow major tax changes to occur annually, well before the start of the fiscal year. [2] The most recent budget was presented by Rachel Reeves on 30 October 2024. The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year.

  8. List of countries by external debt - Wikipedia

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

    This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...

  9. Gilt-edged securities - Wikipedia

    en.wikipedia.org/wiki/Gilt-edged_securities

    Gilt-edged securities, also referred to as gilts, are bonds issued by the UK Government. The term is of British origin, and then referred to the debt securities issued by the Bank of England on behalf of His Majesty's Treasury, whose paper certificates had a gilt (or gilded) edge, hence the name.