UK debt ‘hits £3 trillion’ milestoneThe size of debt is estimated to have hit £3 trillion. The size of the UK’s national debt has now risen above £3 trillion, analysis has suggested, reflecting the burden facing taxpayers across the country. A tracker by a rightwing campaign group and think tank has suggested that national debt had reached the long-awaited milestone after an explosion in spending since 2020. The official data body said last month that the national debt was at £2.99 trillion. “Despite repeated warnings, politicians have allowed the national debt to run out of control and increase to levels unthinkable even a decade ago,” he said.