The UK budget deficit for December alone was £11.4 billion. The numbers are so big that you have to break them down. The government is overspending – tax receipts minus expenditure – by over £14 million an hour, 24 hours a day, 7 days a week.
At PMQs Gordon seemed to boast about his plans to overspend. This is not sustainable.
At PMQs Gordon seemed to boast about his plans to overspend. This is not sustainable.
