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Debt interest payments

Central government net interest payable on its debt over the latest 12 months — the annual cost of servicing the national debt.

£98bn
+0.4% vs 2026-07

As of 2026-08

Historical trend

Trend summary

Debt interest payments was £98bn in 2026-08, up from £97bn in 2026-07.

Trend

  • Over the available record (1998-03–2026-08), it has ranged from £21bn in 2003-02 to £111bn in 2023-05.
  • The latest reading is above the record average of £47bn.

Generated from the published series — describes direction, magnitude and range only, with no editorial judgement or forecasts.

About this indicator

Source
ONS
Update frequency
Monthly
Last updated
12 October 2026
Next update
12 November 2026
Licence
OGL v3
Direction
↑ Rising

Statistics

Latest
£98bn
Period high
£101bn
Period low
£93bn
Period average
£97bn