Tag: debt

What's the story with all this debt?

If a rationale person was to take it upon themselves to begin to understand the pros and cons of our current debt scenario – what would their conclusion be?

Debt as a Percentage of GDP

Tories like to claim that they handed over an economy "with public finances in good shape" to Labour. And when Labour says, no they weren't, Tories say, oh but the Treasury figures don't include PFI, therefore the "real" figures are much worse under Labour than under the Tories.

Luckily Eurostat include everything in their debt calculations, so we can get a true picture of what has happened.

Labour's financial situation

Peter Oborne writes in the Mail today about the current state of the party's finances

Blair's legacy to Labour: debt

The Electoral Commission published the 2006 Statement of Accounts for the major political parties yesterday. Labour's can be downloaded here. They show the outgoing Leader left the Party with debts of £24.86 million.

Labour Spending Review

What do you think will be the outcome of the party spending review?