Makrognosis

United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA ()

MonthlyNot seasonally adjustedCode UK.PSND.M.NSA.ITEM-MW4W.SECTOR-CG

Latest (y/y)48.8%September 2026
Previous (y/y)−36.9%August 2026
Level23,612 £mSeptember 2026

United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA () was up 48.8% year on year in September 2026, compared with −36.9% in August 2026.

The level stood at 23,612 £m.

That is the highest reading since June 2025.

Over the past ten years it has ranged from −450.8% (Oct 2016) to 933.7% (Aug 2018), averaging 31.3%.

United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA (), annual % change, Apr 1998 – Sep 2026−1,500%−1,000%−500%0%500%1,000%200020052010201520202025Robomacro
United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA (), annual % change, Apr 1998 – Sep 2026. Source: UK Office for National Statistics.
United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA (), level (£m)−50k−25k0k25k50k200020052010201520202025Robomacro
United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA (), level (£m).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202623,612 £m48.8
August 20269,220.0 £m−36.9
July 20265,938.0 £m32.7
June 202626,743 £m−2.6
May 202630,912 £m9.2
April 202620,759 £m8.2
March 202622,394 £m4.5
February 20269,509.0 £m−20.3
January 2026−46,059 £m—
December 202517,032 £m−4.4
November 20259,961.0 £m−38.2
October 202521,736 £m7.7
September 202515,873 £m8.5
August 202514,617 £m14.2
July 20254,475.0 £m−74.1
June 202527,469 £m60.0
May 202528,319 £m−7.0
April 202519,178 £m−16.4
March 202521,421 £m21.8
February 202511,929 £m−4.6
January 2025−15,160 £m—
December 202417,822 £m−2.8
November 202416,115 £m−29.7
October 202420,177 £m−7.6

Last 24 observations. The full history (354 observations) is available through the API.

Get United Kingdom CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA () in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/UK.PSND.M.NSA.ITEM-MW4W.SECTOR-CG"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/UK.PSND.M.NSA.ITEM-MW4W.SECTOR-CG",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationApril 1997
Observations354
FrequencyMonthly
Units£m
AdjustmentNot seasonally adjusted
10-year high933.7% (Aug 2018)
10-year low−450.8% (Oct 2016)
10-year average31.3%
Source agencyUK Office for National Statistics
Makrognosis codeUK.PSND.M.NSA.ITEM-MW4W.SECTOR-CG

More United Kingdom PSND series

United Kingdom Bank of England (incl APF): Gross debt: £m CP NSA ()United Kingdom BoE: APF gilt holdings: impact on net debt: £m: CPNSA ()United Kingdom CG: NRAM and B&B (element of CG Gross Debt): £m CPNSA ()United Kingdom CG: Network Rail (element of CG Gross Debt): £m CPNSA ()United Kingdom CG: Total central government gross debt: £m CPNSA ()United Kingdom GG Local government gross debt: Bonds: £m CPNSA ()United Kingdom GG consolidated gross debt less LG/CG holdings ()United Kingdom GG: General government condolidated gross debt (Maastricht): £m CPNSA ()United Kingdom GG: General government net debt: £m CPNSA ()United Kingdom GG: Local government gross debt: Money market instruments: £m CPNSA ()United Kingdom LG Gross Debt Total: Maastricht News Release Table 2 ()United Kingdom PC: PC Gross Debt Held by All Other Sectors (including CG) ()United Kingdom PS Consolidated Gross Debt: Less cg/nfpcs cross holdings of debt ()United Kingdom PS Consolidated Gross Debt: Less lg/nfpcs cross holdings of debt ()United Kingdom PS: BoE contribution to PS net debt: £m CPNSA ()United Kingdom PS: Consolidated gross debt (exc BoE): £m CPNSA ()United Kingdom PS: Net Debt (excluding public sector banks) as a % of GDP: NSA ()United Kingdom PS: Net Debt (including public sector banks) as a % of GDP: NSA ()United Kingdom PS: Net debt (PSND): £m CPNSA ()United Kingdom PS: Public sector banks gross debt: £m CPNSA ()

Other United Kingdom indicators

United Kingdom GDP (Gross Domestic Product)United Kingdom Nominal GDP (current prices)United Kingdom Inflation Rate (CPI)United Kingdom Core Inflation RateUnited Kingdom Unemployment RateUnited Kingdom Credit Rating & Sovereign Risk ScoreUnited Kingdom Industrial ProductionUnited Kingdom Production Industries - Total (Index 1dp): CVM SAUnited Kingdom Retail SalesUnited Kingdom Producer Price Inflation (PPI)United Kingdom BoP Current Account Balance SAUnited Kingdom Trade Balance: Goods & ServicesUnited Kingdom Total Trade (TT): WW: Exports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Exports: BOP: CVM SAUnited Kingdom Total Trade (TT): WW: Imports: BOP: CP: SA (goods + services)United Kingdom Total Trade: World: Imports: BOP: CVM SA

FAQ

What is the current cG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA () in United Kingdom?
The latest reading is 48.8% year on year for September 2026, published by UK Office for National Statistics.
Where does this data come from?
It is collected directly from UK Office for National Statistics and is available through the Makrognosis API under the code UK.PSND.M.NSA.ITEM-MW4W.SECTOR-CG.

Last updated 2026-10-22. Source: UK Office for National Statistics. Original title: “CG: Changes in net debt (exc NRAM and B&B, Network Rail): £m CPNSA (UK)”.