Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what his Department's forecast is for the cost of indexation of the index linked debt on the debt interest charge for the 2024-25 financial year.

The Office for Budget Responsibility is the UK’s official forecaster, a breakdown of debt interest costs including the interest payable on index-linked gilts is available in the OBR’s detailed aggregates table 6.16 which is published alongside their March 2024 Economic and Fiscal Outlook.