Economy introductions: the size of government debt
An introduction to government debt
Economy introductions: the size of the government deficit
An introduction to the size of the government's budget deficit.
UK economy; what was the OECD's verdict?
The UK economy grew at 0.3% in the last quarter, this is the slowest growth rate in the EU.
Young people in record levels of debt?
It’s not clear this is the case looking at the levels of debt of all young people, including those not at university.
Is the government getting the deficit down?
The deficit has been coming down, but not as rapidly as the Coalition and the Conservatives had said in 2010 and 2015.
Labour Manifesto: Young people in debt
We've factchecked claims from Jeremy Corbyn's speech at the Labour party manifesto launch.
Labour and Conservative records on the national debt
The rise in government debt from 1997 to the present day.
Interest payments on the national debt
About 5% of government spending goes on interest payments, although this is below the historic average.
Is the deficit down by two thirds?
Between 2009/10 and 2015/16 public sector net borrowing decreased from 9.9% of GDP to 3.8%, or by around two thirds.
Will a hard Brexit cost £100 billion?
The most recent figures can’t tell us how much of an impact Brexit has had on the Office for Budget Responsibility's forecast for public sector debt.
Will there be half a trillion pounds of borrowing under Labour?
We've seen claims about Labour's plans for investment spending.
Borrowing peaked in 2009/10 and it’s now down to about 3.5%. That’s a relatively large deficit, but not off the scale historically.
Best laid plans... for reducing the deficit
The deficit did fall while the Coalition was in power, but not by as much as originally planned.
Half the Jobcentre Plus sites in Glasgow are set to close under DWP plans. The Department plans to reduce its office space nationwide by 20%.
Brexit means... borrowing?
The Office for Budget Responsibility expect the government to have a £21 billion deficit in 2020/21. In March they had predicted an £11 billion surplus.
Disability benefits: spending on the rise?
Overall spending on disability benefits is forecast to increase in the coming years, even after inflation is taken into account.
Is the UK's deficit one of the highest in the developed world?
It's claimed that the UK's deficit is one of the highest in the developed world.