Written Question·Treasury·UIN HL2034

Public Sector Debt

Tabled: 13 July 2026

Answered: 24 July 2026

Question

To ask His Majesty's Government what assessment they have made of the Office for Budget Responsibility's projection that public sector debt could reach 300 per cent of GDP by 2075.

Answer

The Office for Budget Responsibility’s Fiscal Risks and Sustainability Report (FRS) 2026 confirms the need to boost growth and maintain sustainable public finances. A written ministerial statement (HLWS199) was published on 7 July alongside the publicatio...

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