Blood Red Budget Day: State Pensions Debt = £6.1 TRILLION – UK Column News
Wed 5:33 pm +00:00, 30 Oct 2024 2Full news and all the source links: www.ukcolumn.org/video/uk-column-news-30th-october-2024
– GOV.UK: Autumn Budget 2024
– UK Parliament (YouTube): Prime Minister’s Questions and Budget 2024—30 October 2024
– Office for Budget Responsibility: Fiscal risks and sustainability—September 2024
(Chart 1.1: Projected total government revenue and spending, on page 4)
Total outstanding debt: State Pensions = £6.1 TRILLION
– The Telegraph: Armed Forces not ready to fight a war, admits Defence Secretary (Archived)
– The Telegraph: Starmer’s popularity collapse bigger than any PM (Archived)
Correction: The green bar on Mike’s donut chart should have been labelled Public Finance Initiative. The corrected version is the thumbnail to this video
Yep, but if they used the money from Road tax, and Vat to fund the pension pot, instead of spending it on foreign wars where they pay wealthy arms companies for out of date stock, and on immigrants to replace the current indigenous population, it might look a lot better.
I have to state my interest here. I have received a state pension since the age of 60 and was able to buy back a few years.
The amount I’ve received over the years has been way in excess of what I paid in, so if it stopped tomorrow, I would have no grounds to complain.