Editorial intro
Cost of Living explained
UK debt, borrowing, inflation and public spending - translated into clear numbers, simple charts and source-led explainers.
UK 10-year gilt
4.6%
Bank of England | Mar 2026
Total UK Debt
£2.9T
Your monthly debt payment
£199
Debt Interest / Year
£93.4B
Debt to GDP ratio
95.3%
Your Government Debt
£73,335
Lending the last 12 months
£55.1B
Government income vs spending
Two stacked bars tell the budget story at a glance.
UK receipts, forecast 2025-26
Where government money comes from
- Corporation Tax
- VAT
- National Insurance
- Income Tax
- Other
UK spending, forecast 2025-26
Where government money goes
- Defence
- Education
- Debt interest
- Infrastructure
- Health
- Welfare & pensions
- Other services
Budget deficit
£138bn
Spending exceeds income. The gap is financed through new borrowing and added to debt.
Residual receipts, forecast 2025-26
What's inside "Other" income
- Other receipts
- Council tax / business rates
- Excise duties
- Capital taxes
- Fuel duty
- Property taxes
Residual services, forecast 2025-26
What's inside "Other" spending
- Local government
- Other
- Public order & safety
- Administration
- Culture / communities
- Environment
- Overseas aid
Annual UK borrowing with government periods
Borrowing over time
UK debt burden over time
Debt vs GDP
Annual cost of servicing government debt