Darren FowerUK borrowing balloons to £132.3B in first eight months of 2025 - second-worst ever, up £10B YoY - exposing Reeves' fiscal tightrope despite tax windfalls!
#DoNotTrustTories -> Tories turned UK debt into a dumpster fire! From 75% of GDP under #DavidCameron to 100%+ under #RichiSunak - 14 yrs of fiscal fail.
-> Who's paying? Us!
#UKDebtCrisis #Tories #AusterityLie
-> Who's paying? Us!
#UKDebtCrisis #Tories #AusterityLie
🚨 UK's public debt hits 96.4% GDP-levels not seen since the Beatles were topping charts!
-> With borrowing at £18bn last month alone, is our economy stuck in a retro rut❓
#UKDebtCrisis #FiscalFail #EconomyWatch #BudgetBlues #RachelReeves #UKLabour
UK's Aug borrowing explodes to £18BN!
-> Highest in 5 yrs!
-> Spending > taxes by miles, 5-month total = £83.8BN (+24% YoY).
-> Reeves' Budget blues incoming?
#UKDebtCrisis #Budget2025 #ONSData #RachelReevesMP #UKLabour
-> Highest in 5 yrs!
-> Spending > taxes by miles, 5-month total = £83.8BN (+24% YoY).
-> Reeves' Budget blues incoming?
#UKDebtCrisis #Budget2025 #ONSData #RachelReevesMP #UKLabour
*** Shocking *** Peterborough Council's £532M debt drains circa £21.5M a year in interest alone – that's OVER £413K disappearing EVERY WEEK on nothing!!
-> Time to wake up?
#PCCfinancialCrisis #CouncilDebt #UKDebtCrisis #Peterborough #LocalGov
⚠️ 2025 could end up being the year of:
📉 Less government investment in public services.
❌ Cancellation of government schemes.
🏚️ Increased interest rates, making mortgages and loans more expensive.
#RachelReevesMP #UKDebtCrisis #NationalDebt #GovernmentSpending #FiscalPolicy #Austerity #EconomicRecovery #PublicFinances #CostOfLivingCrisis #TaxpayersMoney #BudgetDeficit
📉 Less government investment in public services.
❌ Cancellation of government schemes.
🏚️ Increased interest rates, making mortgages and loans more expensive.
#RachelReevesMP #UKDebtCrisis #NationalDebt #GovernmentSpending #FiscalPolicy #Austerity #EconomicRecovery #PublicFinances #CostOfLivingCrisis #TaxpayersMoney #BudgetDeficit