So today is the UK Budget, that annual act of political pageantry when the Chancellor of the Exchequer stands up and tries to bribe you with your own money!
The debt to GDP ratio will easily be 110% by the time the 2029 election rolls round and government spending will easily have increased from 45% of GDP to >50%.
Thanks David. This is depressing because it is factually accurate. You’re right: Labour will need us to fund their public sector appeasing spending sprees and things will only get worse.
There is only one cut I would like Mr Hunt to make
The debt to GDP ratio will easily be 110% by the time the 2029 election rolls round and government spending will easily have increased from 45% of GDP to >50%.
Thanks David. This is depressing because it is factually accurate. You’re right: Labour will need us to fund their public sector appeasing spending sprees and things will only get worse.