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Burnham ally Jim O’Neill: Debt costs are ‘increasingly crazy’ and triple lock must go
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Burnham ally Jim O’Neill: Debt costs are ‘increasingly crazy’ and triple lock must go
The cost to taxpayers of paying off the interest on UK government debt is “increasingly crazy”, according to a top economist who advised Andy Burnham. Lord Jim O’Neill, the former Goldman Sachs executive who advised Burnham in his run-up to Downing Street, told LBCs Nick Ferrari that debit interest payments far outweighing the defence budget [...]
23 Sept, 08:48
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