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United Kingdom national debt : ウィキペディア英語版
United Kingdom national debt

The United Kingdom National Debt is the total quantity of money borrowed by the Government of the United Kingdom at any time through the issue of securities by the British Treasury and other government agencies.
As of Q1 2015 UK government debt amounted to £1.56 trillion, or 81.58% of total GDP, at which time the annual cost of servicing (paying the interest) the public debt amounted to around £43bn (which is roughly 3% of GDP or 8% of UK government tax income).
Due to the Government's significant budget deficit, the national debt is increasing by approximately £107 billion per annum, or around £2 billion each week. As a result of its efforts to balance the budget, the Government forecast in 2014 that the structural deficit will be eliminated in the financial year 2017/18.〔(The Guardian, 10 February 2014 ) Retrieved July 2014〕 However it changed the year to 2019 in March 2015 and to 2020 in July 2015.
On 23 February 2013 Moody's downgraded UK credit rating from Aaa to Aa1.
==Definition==

The UK national debt is the total quantity of money borrowed by the Government of the United Kingdom at any time through the issue of securities by the British Treasury and other government agencies.

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