UK debt

UK net debt passes 100% of GDP for first time since 1961

Britain's public sector net debt surpassed 100 per cent of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on Wednesday.

June 21, 2023
June 21, 2023

UK net debt passes 100% of GDP for first time since 1961

Britain's public sector net debt surpassed 100 per cent of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on Wednesday.