This is staggering.
The FT’s resident economics guru Chris Giles has a flabbergasting explanation of the scale of the debt the government is raising in the next two years: £350bn.
“That is more debt bequeathed to its successor than the total borrowed by successive rulers and governments of Britain between 1691 and 1997, the year Labour was elected.”’
Will we ever be able to pay it off?
No comments:
Post a Comment
Say what you like. I try to reply. Comments are not moderated. The author of this blog is not liable for any defamatory or illegal comments.