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World · 6 August 2026

UK national debt hits £3 trillion for the first time

UK national debt hits £3 trillion for the first time

Unsplash / Leo

Britain's national debt has reportedly passed £3 trillion, according to estimates from the TaxPayers' Alliance. The £3 trillion figure is equivalent to over £100,000 for every UK household and represents around 95% of the country's GDP. Increased government borrowing has pushed the milestone higher sooner than the Office for Budget Responsibility's September forecast.

Reported by Coventry Observer · How we write briefs

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