Parliamentary Search

Written question asked by Callum Anderson (Labour) on Friday, 28 August 2026, in the House of Commons. It was due for an answer on Wednesday, 2 September 2026. It was answered by Torsten Bell (Labour) on Friday, 11 September 2026 on behalf of the Treasury.

Debts: Interest Payments

Question

To ask the Chancellor of the Exchequer, what steps he is taking to reduce the Government’s exposure to volatility in debt interest costs.

Answer

Fiscal discipline is the bedrock of economic stability and national security. The Government will meet the fiscal rules, with a buffer against uncertainty.

HM Treasury and the Debt Management Office manage the Government's financing costs in line with the debt management objective, which is to minimise, over the long term, the costs of meeting the Government's financing needs, taking account of risk. As set out in the Debt Management Report 2026-27, in determining the annual financing remit the Government assesses interest-rate, refinancing and inflation risks, and issues an appropriate balance of conventional and index-linked gilts over a range of maturities.

Secondary information

Type
Written question
Reference
24416
Session
2026-27
Subjects
Debts Interest payments
Link
View this Written question on www.parliament.uk