A Bill to set a legal cap on the amount of outstanding net Government debt as a percentage of gross domestic product; and for connected purposes
House of Commons
12 January 2012
May contain errors — check source documents for definitive information.
The National Debt Cap Bill would create a legal limit on how much net government debt the UK may owe, expressed as a share of the economy (GDP). It would curb future borrowing unless Parliament passes new legislation to change the cap and would include rules for measuring debt and reporting on compliance.
The bill is currently at the second reading in the House of Commons. The first reading occurred on 12 July 2011; no further stages are described in the provided information.
Generated 21 February 2026
12 Jul 2011
The second reading was expected on 20 January 2012 but was withdrawn.
The Bill had its first reading on 12 July 2011 through the Ten Minute Rule.
If you require any further information about the Bill then please contact the sponsor Sajid Javid.
No recorded votes for this bill yet.
