00:00The UK public debt also exceeded £3 trillion, about $4 trillion, for the first time, reaching £3,005 trillion at
00:10the end of September 2026.
00:12According to the British National Statistics Office, the figure equals 94% of the country's gross domestic product
00:19and exceeds by £91,700 million, about $122 billion, than the level reported a year earlier.
00:29Meanwhile, net public sector debt, which reflects the budget deficit, reached £24,500 million,
00:37approximately $32,600 million, in September, exceeding official forecasts by £1,900 million.
00:46The rise in global borrowing costs and UK inflation, which surged to 3.5% in September,
00:53drastically reduced the government's fiscal money-overing room,
00:58forecasting possible tax adjustments or restraints on public spending.
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