TaxPayers’ Alliance responds to new record high debt interest payments

For immediate release


Responding to the Office for National Statistics’s (ONS) Public Sector Finances June 2022, John O’Connell, chief executive of the TaxPayers' Alliance, said:

“These figures show the cost of servicing the national debt is now in the stratosphere, with yet another record being broken.

“Inflation and out of control public spending threaten to only make matters worse, yet the government seems unwilling or unable to get a grip on the nation’s finances.

“Ministers must get serious on spending to tackle the towering debt level and ensure taxpayers are protected.”


TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)

Media contact:

Danielle Boxall
Media Campaign Manager, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)


Notes to editors:

  1. Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at

  2. TaxPayers' Alliance's advisory council.
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