The government hasn’t balanced its books because debt is up from £1 trillion to £1.7 trillion.
Correct. The deficit is falling and debt is still rising.
“The Tories have not balanced the books, because our debt has gone from £1 trillion to £1.7 trillion”.
Gina Miller, 22 June 2017
That’s right. The government still runs a deficit, spending more than its income. As a result, government debt continues to go up.
Government debt was £1 trillion in 2009/10, and was just above £1.7 trillion in 2016/17. Forecasts suggest it will be over 1.8 trillion this year.
The deficit has fallen by nearly three quarters between 2009/10 and 2016/17, when compared to the size of the economy.
This factcheck is part of a roundup of BBC Question Time. Read the roundup.
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