That’ll reassure people…
This is not true. The debt will continue to rise in cash terms unless and until the Tories close the deficit.
Sajid’s wriggle is that they plan to have debt fall as a proportion of GDP as above, which he neglected to explain. The debt to GDP ratio has more than doubled since 2008 and has flatlined since Osborne. Sajid is not certain to hold that line as Boris plans a spending splurge…
A gentle reminder when Ashworth was an advisor in the Treasury he signed off £8 billion worth of PFI contracts…[…] Read the rest
