Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an estimate of what the level of public sector net debt will be at the end of the 2022-23 financial year.

The Treasury does not publish forecasts of the economy or the public finances; the Office for Budget Responsibility (OBR) is the UK’s official forecaster. In their March 2022 forecast, the OBR projected that Public Sector Net Debt (PSND) for 2022-23 will be £2.4 trillion or 95.5% of GDP. Latest outturn data from the Office for National Statistics (ONS) shows by the end of September, PSND had reached 98% of GDP.

The OBR will publish an updated fiscal forecast on 17 November, alongside the Autumn Statement.