Teaching activity

Data Starter: UK budget deficit

Elizabeth Veal

4th March 2025

How much has the UK government borrowed in recent years?

Using these House of Commons Library ‘Public Sector Net Borrowing’ charts, answer the following questions:

  1. Identify two significant features of the trend in the UK government borrowing as a % of GDP between 1980/1 and 2024/5.
  2. Compare the peak of UK government borrowing (rolling 12 month total) after the global financial crisis to the peak during the pandemic.

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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