UK general government gross debt was £2,365.4 billion at the end of Quarter 1 (Jan to Mar) 2022, equivalent to 99.6% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £15.8 billion in Quarter 1 2022, equivalent to 2.6% of GDP. In 2022 British government debt rose to its highest level in almost 60 years. Government borrowing increased to 20 billion pounds in September, 2.2 billion pounds more than in September 2021 and 5.2 billion pounds more than forecast in March by the independent Office for Budget Responsibility, the ONS said.
Statistics are shown for this demographic
Constituency
City
Parish
Response rates from 4k IP voters.
30% Yes |
70% No |
22% Yes |
47% No |
6% Yes, but by drastically reducing the benefits and salaries of government officials |
8% No, focus on ending tax evasion instead |
1% Yes, and increase taxes |
5% No, increase taxes on large multinational corporations instead |
0% Yes, and eliminate federal agencies that are unconstitutional |
4% No, cuts to public spending will negatively affect the economy |
3% No, increase taxes on the wealthy instead |
|
2% No, reduce military spending instead |
|
1% No, reduce the number of government officials instead |
Trend of support over time for each answer from 4k IP voters.
Loading data...
Loading chart...
Trend of how important this issue is for 4k IP voters.
Loading data...
Loading chart...
Unique answers from IP voters whose views went beyond the provided options.
@9WY23SK2mos2MO
Reduce the salaries of government officials while also abolishsing tax evasion for the rich and decrease military spending
@9W9QX3V2mos2MO
No, increase increase taxes for large multinational corporations, introduce tougher laws on tax evasion, deceptive tax avoidance, reduce the number of government officials,
@9PFTT466mos6MO
Obscene capitalism has caused more issues than anything. Corrupt contracts, obscene profiteering. Clamp down on that and fund the country.
@9PFLDLG6mos6MO
No, along with all of the above stances, reduce the benefits and salaries of highly paid government officials (e.g. those earning £150k or more, the continuous salary of previous serving PMs).
@9PCVHJZ6mos6MO
This is based on false economic understanding. There is nothing intrinsically problematic in the National debt - it is government spending which has not been taxed out of circulation I.e. it is the money in our pockets, bank account and savings. It has existed for over 300 years and somehow we have survived. What is relevant is does the spending improve the sustainability of the economy and its ability to maintain the well-being of citizens. Cutting public services impoverishes us all including businesses who need functioning infrastructure and thriving people to work and spend.
@9PCGLSS6mos6MO
They should eliminate waste, overlapping, and unecessary groups, teams, leaders, and most especially equality and diversity teams in all public bodies. A public sector expert should review the operational integrity and spending of each department and body and initiate mandatory efficiency changes, without reducing the public purse. This will bring back millions which can then be used to increase public spending in a sensible way.
@AndrewS-Bucks 6mos6MO
No, the time is not right for cuts in spending, too many services are on the knees or failing completely, we need to agressively tackle waste, modernise, and save where we can do more with the same, and raise more if still needed
@9PBXQBR 6mos6MO
No, and instead implement measures to reduce military spending, end tax evasion, increase taxes on the rich and corporations to raise the funds
Stay up-to-date on the most recent “Government Spending” news articles, updated frequently.
Join in on the most popular conversations.
