UK National Debt and Economy
A claim by Conservative shadow chancellor Mel Stride states that the UK's debt will increase every year under Labour until it matches "the size of the entire economy".
According to fact checking, the UK's national debt is forecast to rise every year until 2029/30 in nominal and real terms.
Under Labour, the UK's national debt is set to rise every single year until it is the size of the entire economy.
However, as a percentage of GDP, it is set to peak at 96.3% in 2028/29, then fall slightly.
Full Fact, a team of independent fact checkers, aims to improve the information environment and protect good public debate.
Author's summary: UK debt to rise under Labour, peaking at 96.3% of GDP.
More News
- T1 Triumphs Over Invictus Gaming, Secures Spot in Worlds 2025 Main Event
- Opinion: I used to think supplements were all much the same, until we started reviewing them - Which?
- D’Angelo, Grammy-Winning R&B and Neo-Soul Singer, Dies at 51
- Celtic fan media warned the Ibrox fans about the reality of their US takeover. They chose to ignore those warnings and now they're paying the price...
- Louisiana cancels another major coastal restoration project | The Lens
- Singapore’s 24-Hour Transfer Rule Raises the Question of How Much Is Too Much
- Victoria's Secret Returns in Spectacular Fashion: All About the Show, Karol G's role, and How to Watch It From Anywhere in the World
- Bigfoot Expedition Planned For Minnesota In 2026
- Granting of bail to crime kingpin irresponsible - EFF - POLITICS | Politicsweb
- Ruben Amorim's controversial Man Utd decision can age as a masterstroke vs Liverpool