{"id":1778,"date":"2016-11-08T01:01:03","date_gmt":"2016-11-08T01:01:03","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1778"},"modified":"2016-10-24T07:57:25","modified_gmt":"2016-10-24T07:57:25","slug":"uk-national-debt-the-office-of-budget-responsibility","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1778","title":{"rendered":"UK National Debt: The Office of Budget Responsibility."},"content":{"rendered":"<p>The UK National Debt is a topic that is not widely reported. However the UK as a whole is a highly indebted nation.<\/p>\n<p><a href=\"http:\/\/budgetresponsibility.org.uk\/docs\/dlm_uploads\/August-2016-Commentary-on-the-Public-Sector-Finances-release.pdf\" target=\"_blank\">http:\/\/budgetresponsibility.org.uk\/docs\/dlm_uploads\/August-2016-Commentary-on-the-Public-Sector-Finances-release.pdf<\/a><\/p>\n<p>The figures here are worrying.<\/p>\n<p><a href=\"http:\/\/asadkarim.co.uk\/wp-content\/uploads\/2016\/09\/UKNationalDebt.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-1777\" src=\"http:\/\/asadkarim.co.uk\/wp-content\/uploads\/2016\/09\/UKNationalDebt-300x169.jpg\" alt=\"uknationaldebt\" width=\"660\" height=\"372\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/09\/UKNationalDebt-300x169.jpg 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/09\/UKNationalDebt-1024x576.jpg 1024w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/09\/UKNationalDebt-624x351.jpg 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2016\/09\/UKNationalDebt.jpg 1280w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>So the UK spends more than it earns (revenues from taxation and duties)<\/p>\n<p>Currently the UK is carrying <strong>\u00a31,604 Billion<\/strong> of debt, and by March 31st 2017, the UK is forecast to spend another <strong>\u00a334 Billion<\/strong> to take the current debt from \u00a31,604 Billion to <strong>\u00a31,638 Billion<\/strong>.<\/p>\n<p>This debt is constantly accruing interest that is paid to the UK creditors. Remember, we are in it together.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK National Debt is a topic that is not widely reported. However the UK as a whole is a highly indebted nation. http:\/\/budgetresponsibility.org.uk\/docs\/dlm_uploads\/August-2016-Commentary-on-the-Public-Sector-Finances-release.pdf The figures here are worrying. So the UK spends more than it earns (revenues from taxation and duties) Currently the UK is carrying \u00a31,604 Billion of debt, and by March 31st [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1778","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1778"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1778\/revisions"}],"predecessor-version":[{"id":1779,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1778\/revisions\/1779"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}