Treasury secretary falters over 'basic' debt question
The Chief Secretary of the Treasury, Laura Trott, struggled to answer a question about the level of government debt on BBC Radio 4's PM programme.
Trott initially claimed that government debt was falling as a percentage of GDP, but the host countered that it was actually rising.
Hunt's tax cut pledges likely to be reversed after election, IFS warns
The Institute for Fiscal Studies warns that any tax cuts promised at the next general election will need to be quickly reversed due to the UK's debt challenge
The chancellor is considering tax cuts as part of a pre-election giveaway but the IFS warns that managing the increasing cost of debt interest will prove difficult
Treasury secretary falters over 'basic' debt question
The Chief Secretary of the Treasury, Laura Trott, struggled to answer a question about the level of government debt on BBC Radio 4's PM programme.
Trott initially claimed that government debt was falling as a percentage of GDP, but the host countered that it was actually rising.
Hunt's tax cut pledges likely to be reversed after election, IFS warns
The Institute for Fiscal Studies warns that any tax cuts promised at the next general election will need to be quickly reversed due to the UK's debt challenge
The chancellor is considering tax cuts as part of a pre-election giveaway but the IFS warns that managing the increasing cost of debt interest will prove difficult