Committees

How sustainable is our national debt?

Inquiry

UK public sector net debt, often referred to as ‘national debt’, currently stands at just under 100 per cent of GDP.

The UK’s growth outlook remains weak; quantitative easing has significantly increased the sensitivity of the UK’s debt to changes in short-term interest rates; and it is unclear whether the Government’s fiscal rule, as it relates to the national debt, is fit for purpose.

The committee’s inquiry will investigate whether the UK’s national debt is on a sustainable path; if not, what steps are required; and whether the Government’s fiscal rule regarding the national debt is meaningful.

This inquiry is no longer accepting evidence

The deadline for submissions was Friday 9 February 2024.

Upcoming events

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No upcoming events scheduled

Past events

Tuesday 28 January 2025
3:15pm Public
How sustainable is our national debt? - Oral evidence 28 January 2025
3:15pm
  • Dr Peder Beck-Friis (Senior Vice President and Economist at PIMCO)
  • Roger Bootle (Senior Independent Advisor and Non-Executive Director at Capital Economics)
  • Allan Monks (Executive Director and Chief UK Economist at JP Morgan)
Room 4, Palace of Westminster
Tuesday 10 September 2024
3:00pm Private
Private meeting 10 September 2024
Room 3, Palace of Westminster
Tuesday 21 May 2024
3:00pm Private
Private meeting 21 May 2024
Room 4, Palace of Westminster
Tuesday 14 May 2024
3:00pm Private
Private meeting 14 May 2024
Room 4A, Palace of Westminster

Contact us

  • Email: economicaffairs@parliament.uk
  • Phone: 020 7219 5358 (committee staff) | 020 7219 6640 (Press Officer)
  • Address: Economic Affairs Committee, House of Lords, London SW1A 0PW