Best of the financial columnists
Aug 19, 2022
3 minutes
Lockdowns caused our debt crisis
Daniel Hannan
The Daily Telegraph
Our national debt stands at £2trn – 100% of GDP and up from under 30% in 2000 – and is increasing at an accelerating rate, says Daniel Hannan. Much as some would like to blame this on Brexit, the Tories, the war in Ukraine, or global inflation, the real reason is that we “unexpectedly dropped half a trillion pounds during the pandemic”. Just as there is a “postponed reckoning” if, as an individual, you take two
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