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СпутникиРНSpaceXРоскосмосNASAPressure is mounting on the UK over its debts at the worst possible time, with the national debt interest bill hitting £8.8 billion in August alone.
By SIMON LAMBERT, THIS IS MONEY PUBLISHER
Updated: 15:02 BST, 29 September 2026
Pressure is mounting on the UK over its debts at the worst possible time, with the national debt interest bill hitting £8.8 billion in August alone.
As Andy Burnham and John Healey desperately try to pull together their first Budget, the terrifying reality is that Britain is now spending £327 million a day just on debt interest.
Ahead of the crucial October 28 Budget, This is Money's Simon Lambert explains in the video above why the government is facing an impossible financial nightmare, and the three toxic choices they are now forced to make with your money.
Protect Your Money – sign-up to our six-week planThe Budget is coming – but are you prepared? Sign up to our six-week plan and Simon Lambert and his team of financial experts will reveal how to Protect Your Money. If you're a subscriber, it's completely FREE