Public sector net debt excluding public sector banks (PSND ex) was £2,459.9 billion at the end of October 2022, or around 97.5% of gross domestic product (GDP), which was an increase of £148.3 billion, or a decrease of 0.5 percentage points of GDP, compared with October 2021.
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The important bit (borrowing is falling):
Public sector net debt excluding public sector banks (PSND ex) was £2,459.9 billion at the end of October 2022, or around 97.5% of gross domestic product (GDP), which was an increase of £148.3 billion, or a decrease of 0.5 percentage points of GDP, compared with October 2021.