Britain’s national debt has passed £3 trillion for the first time, according to TaxPayers’ Alliance (TPA) figures. That is around 95% of GDP, or more than £100,000 per household…
The ONS had net debt at £2.99 trillion at the end of June. July alone last year added more than £20 billion, enough to tip the total over the £3 trillion mark if repeated this year. The OBR had estimated the grim milestone would be passed in September. Labour is on track to cross it ahead of schedule…
According to the TPA, Labour is now adding to the national debt at a rate of £4,270 every second – the equivalent to £369 million every day. And that’s before Healey goes on a borrowing spree in October…
Burnham confirms he spoke to Trump last night about drilling in the North Sea:
“I indicated in the phone call that we had a week last Monday that I would take a pragmatic approach when it comes to the North Sea, and that is my intention as we go forward from here. There is a resource there. When people are struggling, we can’t ignore that. Hence, me indicating that to the president…”