OOPSADAISY! IN 2026 UK NATIONAL DEBT WILL BE 5 TIMES WHAT IT WAS IN 2006

In 2006 UK Total National Debt was just under £0.5 trillion

In 2026 UK Total National Debt is looking like it will be around £2.5 trillion, barring any more manufactured emergencies before then.

Two major global events have affected this debt:

1. the global financial crisis of 2007/8, which was caused by The City of London and their ilk;
2. the Covid-19 crisis of 2020/21.

But, who do we owe this debt to if the two above crises were GLOBAL and assumed to have affected all countries similarly pro rata?

just putting the immigration problem into perspective...

Note that the sharpest increase was under the Tories between 2020 and 2022 with an increase of over £1 trillion in 2 years, while under Labour the sharpest increase was of £0.5 trillion in 2 years.

The following chart is from  ukpublicspending.co.uk