Disadvantaged Communities
Debate between Roger Gale and David Simmonds(1 week ago)
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David Simmonds
I note your look, Sir Roger.
Much was made in last year’s Budget of a supposed £22 billion funding gap, which was swiftly debunked by those more expert in that field than I am. That is about 1.6% of total spending by the British Government; it is a very small amount in the national figures. I am sure Government Members will have noted that the Government borrowed £20 billion last month alone, to fund the amount by which their spending is exceeding their capacity to raise money. That is £20 billion added to debt by this Government in a single month. I am sure Members will accept, having seen the impact that debt has in local communities, that that is not taking our country in a positive direction.