Tag: government borrowing

Does the increase in public debt mean that ‘Tory austerity’ failed?

I’m seeing lots of variations on ‘how can the Tories criticise Labour’s borrowing plans when debt has risen by £800 billion under their watch?’. But while there may indeed be good reasons to criticise the Conservatives' track record on fiscal policy, the increase in public debt is not one of them. It might help to … Continue reading Does the increase in public debt mean that ‘Tory austerity’ failed? →