The UK national debt stands at a staggering £2.72 trillion, with annual interest payments of £71.06 billion.
That means the average interest rate on the debt is ~2.61%.
Given the Debt/GDP ratio of 126.41% and an interest rate of 2.61%, this debt is growing organically by 3.30% each year.
For all of 2024, the UK economy grew 0.8%.
Is the UK's debt sustainable?
I'll let you be the judge of that.
