The ‘grown-ups’ have all but ensured that UK debt will exceed 100% of GDP, and that the only way from there is down

Introduction

Underline 21st July 2024 in your diaries.

This will be the publication date of the Office for National Statistics data for the UK’s public debt in June 2024.

Barring a turnaround in the direction-of-travel, the debt will exceed 100% of GDP.

UK public finances between January and May 2024

Debt was 99.8% of GDP in May, although for some […]

Remainers admit that Labour’s economic growth plans are pie-in-the-sky

Labour’s plans for the economy

Labour’s plans for growing the UK economy have been highlighted as being based on fresh air by a group of prominent Remainers and Rejoiners:

https://www.theguardian.com/uk-news/article/2024/jun/22/starmer-growth-plan-doomed-access-eu-markets-economists

Their argument is that Labour’s plans for growth are unachievable without a shot-in-the-arm from somewhere. That we can agree on. They contend that rejoining the EU is this […]

De-coding Rachel Reeves – Labour is the no-risk economic option as the outcome is certain: it’s disaster

Cover of Global Britain paper

Labour’s plans for the economy once they are in power have been dressed up in words like ‘stability’, ‘investment’, and ‘security’. They represent a great leap forward – over the precipice on the edge of which the UK already teeters.

This is laid out in the Global Britain paper ‘De-coding Rachel Reeves […]