Why the government’s debt is growing – current public spending pressures explained
The UK has seen the cost of its bonds rise more quickly than other major economies. Westlight / Shutterstock Pressure to make cuts in public spending has intensified in recent weeks, with increased calls on Prime Minister Andy Burnham to find savings urgently. The need to reduce expenditure has become more pressing as the cost of loans used to pay for services has shot up. With the bill on the government’s borrowing rising sharply there is less room for manoeuvre in the public finances ahead of…
Exact coordinates
iran: 32.430, 53.690
japan: 36.200, 138.250
france: 46.230, 2.210
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