The UK Government, spends more that it earns in taxes. To bridge that gap, it borrows, issues debt, knows as Gilts.

https://dmo.gov.uk/data/gilt-market/index-linked-gilts/

Some of the borrowings, (debt issued), the interest rate paid to the creditors, is linked to the current inflation rate. Interesting to see how much debt the nation has to pay, where the interest paid on its debt, is linked to the current rate of inflation.

https://www.bbc.co.uk/news/business-62562025

10.1% is the current inflation rate.

So debt linked to the inflation rate, means the interest payments are “inflated by the inflation rate”

The pictures below show how much the UK currently owes that is linked to inflation.

£360,135.95 Million, and after factoring into inflation, that figure becomes £547,599.18 Million

That is £360 Billion that becomes £547 Billion