Public Sector Debt

(asked on 9th September 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what plans they have to reduce the rates of interest on UK government debt.


Answered by
Lord Pitt-Watson Portrait
Lord Pitt-Watson
Parliamentary Secretary (HM Treasury)
This question was answered on 22nd September 2026

The Government does not comment on financial market movements. Last year borrowing fell 1 percentage point (over £20 billion) to its lowest level in six years. The IMF have forecast that, between 2025-2030, the UK will be reducing the deficit by more than any other G7 or G20 country.

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