Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate she has made of the additional cost of the UK's debt interest following the downgrading of the AAA credit rating in each year since 2013.

Rising global interest rates and inflation have meant debt interest is at its second highest for a financial year since the 1980s. This shows why our fiscal rules – balancing the current budget and reducing net financial debt by 2029-30 – are the right thing to do to reduce the burden on future generations.