Coverage

Spending, borrowing, and the deficit

Alfie Stirling on LBC News


Alfie Stirling, NEF’s Director of Research and Chief Economist, spoke to LBC News about spending, borrowing, debt, and the deficit.

He explained that the important question on debt isn’t how much we have, but how able we are to pay it:

That we can reduce the deficit by growing the economy:

And that there’s a cost of not borrowing when the Government needs to put spending in place:

If you back a recovery plan based around great public services, protecting the planet and reducing inequality, please support NEF to build back better.


Make a monthly donation

£3 £5 £10 £25 £100
£

Make a one-off donation

£5 £10 £25 £50 £100
£