Visualising the Government debt

The amount of money the Labour Government is borrowing is so massive that its hard to visualise it, but the Conservative party have had a good try with this picture of Battersea power station…

£5,500 of Government debt is added to the clock every second

£5,500 of Government debt is added to the clock every second

In the Pre-Budget Report today the Chancellor failed to take the tough decisions on spending before the election, and as a result there will be higher taxes and higher interest rates if they win the election.

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