TaxPayers’ Alliance responds to record high debt interest payments

For immediate release


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

“These figures show the cost of servicing the national debt is skyrocketing.

“With interest payments now the size of large government departments, that’s taxpayers’ money not spent on frontline services or keeping taxes down in the middle of a cost of living crisis.

“Ministers must get a grip on spending and tackle our towering debt level if they want to protect taxpayers and restore balance to the public finances.”


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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