All the updated news related to government debt

All the news related to government debt updated in real time

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Borrowing soars as runaway inflation pushes up interest

Interest payments on the UK’s debt helped push up borrowing last month, new official data shows. The Office for National Statistics (ONS) said Government borrowing hit £22.9 billion, the second highest June since records began in 1993. It is £4.1 ...

21 Jul 2022 at 09:58

Interest payments on government borrowing soar to May record as inflation rises

Rocketing inflation led to interest payments on government debt jumping to a record £7.6 billion last month and pushed borrowing up to a higher-than-expected £14 billion, according to official figures. The Office for National Statistics (ONS) ...

23 Jun 2022 at 11:38

World

Standoff over US government debt default ‘not my fault’, says Kevin McCarthy

A defiant House Speaker Kevin McCarthy said on Wednesday the debt ceiling standoff was “not my fault” as he sent Republican negotiators to the White House to finish talks, but warned the two sides need more time as they try to reach a budget ...

24 May 2023 at 22:51

Global rise in borrowing costs to blame for UK’s higher debt spending – Reeves

Rachel Reeves has sought to blame deteriorating public finances on a global rise in borrowing costs as she prepares to unveil a spring statement widely expected to include spending cuts. Speaking to broadcasters ahead of her statement on ...

25 Mar 2025 at 22:31

Fact check: US debt is held by both people and governments

In a widely shared post on social media a user said that the UK holds 888.5 billion US dollars (£662.3 billion) of US debt. They added: “You don’t have the cards Donald.” Evaluation This figure measures all US debt held in British ...

19 Jan 2026 at 18:55

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