Why are we paying so much interest on the national debt?
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Why are we paying so much interest on the national debt?
The UK government says it must spend around £100 billion a year on debt interest — and that nothing can be done about it. That is simply not true. In this video, I explain why debt interest is a policy choice, not a fixed market outcome, and set out practical ways the government could reduce its costs. The real question is not “can this be ...
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