Unfortunately, public debt data is not very up to date at the Bank of England. Some series finish in 1999, others in 2003.

But here’s a comparison of ownership of debt between 1975 and 2002 – of UK residents:

DPAF015: public corporations and local government
DPAF016: UK residents banks’ (inlc. Central Bank)
DPAF017: building societies
DPAF018: insurance companies
DPAF019: pension funds
DPAF020: investment and unit trusts
DPAF021: individuals and private trusts
DPAF022: other UK residentsThe changes we can see:
DPAF015: from 0 to 2%: public corporations and local government
DPAF016: from 30 to 2%: UK residents banks’ (inlc. Central Bank)
DPAF017: from 5 to 0%: building societies
DPAF018: from 24 to 48%: insurance companies
DPAF019: from 0 to 35%: pension funds
DPAF020: from 4 to 0%: investment and unit trusts
DPAF021: from 30 to 11%: individuals and private trusts
DPAF022: from 7 to 0%: other UK residents

The main change is the huge increase of banks and insurance companies, and the conclusion of individuals “hiding” as shareholders of corporations, one of the characteristics of current trends towards more and more centralisation of the globalisers.

NEXT: What changes over time?