National Debt

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 18th July 2017.

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Photo of Peter Dowd Peter Dowd Shadow Chief Secretary to the Treasury 12:00 am, 18th July 2017

Yes, the Government have taken it off some children and given it to others.

The national debt has risen by £707 billion since 2010 and is rising. It is barely a year since the Chancellor was given the keys to No. 11, and in that time public sector net debt has not reduced. According to the Office for National Statistics and the OBR, it has increased by £122 billion. Given that lamentable record, has he been given notice of eviction by the woman in the bunker next door? Perhaps they may leave Downing Street in the same removal van.