The size of the national debt is the topic of the moment. Rachel Reeves found a difference of some £22 billion in the day-to-day spending announced by the Tories in the spring Budget in March 2024 and what they actually expected to spend. This implied a £22 billion increase in the national debt. Reeves called this a … Continue reading Political parties and national debt—Editorial
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The Mini-Budget — Parliament Notes
Text of the mini-budget by Kwasi Kwarteng, called ‘The Growth Plan’ in Hansard, which caused great excitement as well as a drop in the value of the pound, and is already being watered down. See editorial for comment. https://www.gov.uk/government/speeches/the-growth-plan-2022-speech Mr Speaker, Let me start directly with the issue most worrying the British people – the cost … Continue reading The Mini-Budget — Parliament Notes