Economic Affairs Committee launches new inquiry on the sustainability of the UK's national debt

21st January 2024

This one may be for the economic nerds out there.

Do you know much about how the National Debt works. If you do you may like to send your comments in to the consultation by The House of Lords Economic Affairs Committee.

Some commentators question if the level of debt alluded to by Government is even correct saying it may be overstated by up to one trillion pounds. How on earth can that be you might ask?

Why does the government pay the Bank England interest on its own debt - Left hand right hand?

Debt does matter for all of us.

So if you have some reasonable argument take look HERE