Government debt repayment ‘could rise to half’ of total taxes
2 sources·Updated August 12, 2026
Covered by 2 sources
- Daily Mail News·2h agoNow even Andy Burnham's favourite think tank says Labour is building up a 'mountain' of debt to hand to the next generation
One in every £5 of tax paid by future generations is set to be swallowed up by interest on government debt, according to new analysis by the Institute for Public Policy Research (IPPR).
Read at Daily Mail News → - City A.M.·3h agoGovernment debt repayment ‘could rise to half’ of total taxes
Children and young people today could see nearly half of their taxes spent on servicing government debt, new modelling by a favoured Labour think tank has suggested. Research by the Institute for Public Policy Research, a left-leaning think tank that was formerly the workplace…
Read at City A.M. →
