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The history of the British national debt can be traced back to the reign of William III, who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt, which evolved into the Bank of England. In 1815, at the end of the Napoleonic Wars, British government...

And again, how do you pay for those local services? The only ways are through increased borrowing, adding to the national debt and making it harder to fund services in the future or by higher taxation, which pushes up the cost of living for the whole population and makes more people worse off...

So i got hit hard under the last Labour Government because i was unmarried, non home earner with no kids, private renting and on a lower than average income. I didn't qualify for any benefits of any sort and because of this added financial demands, I struggled to pay my bills some months as a...

The reason for the cuts by the right wing parties is because of the overspending by the left wing ones which seem to ave a devil may care attitude to finance with no serious thought given to how things should be paid for, thinking that money appears from thin air and debts can be ignored...

Haven't read the whole thread but i would assume that this may have already been mentioned but: * The UK national debt is currently growing by £5,170 per second and stands at £1,783,461,090,000 (approximately at time of posting) * The Government has to pay 8% of all tax collected into it's...