It’s official – the British government owes trillions

Earlier this year I published a report estimating British government debt at 
£4.8 trillion
. However, over the summer the Office for National Statistics (ONS) published a
paper
which proves me wrong on two counts – firstly, I understated the true debt and secondly, rather than going bankrupt sometime in the future, the UK should probably already be calling in the receivers.

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