Government interest payment on government debt
Dear HM Revenue and Customs,
As we are lead to understand that Inflation as measured by RPI will hit 18% at some time in the near future,
1 What will be the monthly interest due on government borrowing?
2 if this inflation rate continues what will the annual cost of interest payments be?
Yours faithfully,
D Shaw
Our ref: FOI2022/51220
Dear Mr Shaw,
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HMRC Freedom of Information Team
Dear Mr Shaw,
We are writing in response to your request for information, received 24
August.
Yours sincerely,
HMRC Freedom of Information Team
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