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Labour's winter misery: UK debt mountain tops £3TRILLION for first time ever ahead of grim 'tax-raising' Budget - as inflation surges to 3.5% with interest rate pain looming

Daily Mail

October 21, 2026

via Daily Mail

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Labour's winter misery: UK debt mountain tops £3TRILLION for first time ever ahead of grim 'tax-raising' Budget - as inflation surges to 3.5% with interest rate pain looming

Figures showed the UK's debt mountain has hit the grim milestone of £3trillion, after public sector borrowing came in higher than expected again last month at £24.5billion.

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