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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
9 October 2026
Next update
9 November 2026
Licence
OGL v3
Direction
↑ Rising

Statistics

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