Public Sector Debt

(asked on 4th February 2015) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government what is the annual cost (1) per taxpayer, and (2) per household, of servicing the United Kingdom national debt.


Answered by
 Portrait
Lord Deighton
This question was answered on 13th February 2015

In 2013 central government debt interest payments were £49.1 billion. Using the relevant household and population numbers the annual cost of servicing the national debt in 2013 was:

  1. £1,841 per household; and

  2. £766 per person.

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