Public Sector Debt
Lords · Question HL3323 · Tabled 9 Sep 2026 · Treasury · Official record
Answered 22 Sep 2026
Question
Asked by Lord Hunt of Kings Heath
To ask His Majesty's Government what plans they have to reduce the rates of interest on UK government debt.
Answer
Answered by Lord Pitt-Watson, 22 Sep 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...