Liz Truss was facing growing questions over her tax-cutting economic strategy on Wednesday as the Government’s debt interest bill soared to a record £8.2 billion in August, according to official figures.
The Office for National Statistics said central government debt interest payable was £8.2 billion in August 2022, £1.5 billion more than in August 2021 and the highest August figure since monthly records began in April 1997.