The UK Picture

Tax, spending and debt

Topic dashboard

Taxes, departmental spending, borrowing, debt and interest costs.

Office for National Statistics

Government borrowing

£18.27bn

Monthly public sector borrowing excluding public sector banks. Positive values mean borrowing (a deficit); negative values mean net lending (a surplus).

Period: 2026 AUG · Geography: United Kingdom

History and source →

Office for National Statistics

National debt

93.8 % of GDP

Public sector net debt excluding public sector banks as a share of GDP.

Period: 2026 AUG · Geography: United Kingdom

History and source →

One reading

Borrowing can support services and investment during weak conditions or exceptional shocks.

Another reading

Persistent borrowing and high debt can increase interest costs and reduce room for future tax or spending choices.

What the data cannot prove: a movement does not by itself identify its cause or show that every person experienced the same outcome.

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