Question to the HM Treasury:
To ask His Majesty's Government what amount of interest was paid on the UK national debt for each financial year since, and including, 2015–16.
The requested information is in the table below and publicly available in the Office for National Statistics’ Public Sector Finances bulletin for September 2025. [1]
Time period | Current expenditure, of which Interest (£ million) |
Apr 2015 to Mar 2016 | 46,360 |
Apr 2016 to Mar 2017 | 49,922 |
Apr 2017 to Mar 2018 | 56,162 |
Apr 2018 to Mar 2019 | 50,134 |
Apr 2019 to Mar 2020 | 50,266 |
Apr 2020 to Mar 2021 | 41,012 |
Apr 2021 to Mar 2022 | 70,892 |
Apr 2022 to Mar 2023 | 108,063 |
Apr 2023 to Mar 2024 | 83,213 |
Apr 2024 to Mar 2025 | 85,402 |
The government is committed to its non-negotiable fiscal rules, to reduce debt and borrowing. This is the responsible choice – to live within our means, reduce our levels of borrowing in the years ahead and support the Bank of England to get inflation down, so we can deliver on the promises of working people, spend less on servicing debt and reduce the burden on future generations.
[1] Please see Appendix A, table PSA6B part 2, second column (Series NMFX). This series denotes Central Government debt interest payable. https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/datasets/publicsectorfinancesappendixatables110