{"id":5814,"date":"2024-11-15T05:23:00","date_gmt":"2024-11-15T05:23:00","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=5814"},"modified":"2024-11-07T17:31:13","modified_gmt":"2024-11-07T17:31:13","slug":"why-uk-taxation-has-to-rise-1-to-fund-public-services-2-to-pay-interest-on-the-national-debt","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=5814","title":{"rendered":"Why UK Taxation has to rise: (1) to fund public services, (2) to pay interest on the national debt."},"content":{"rendered":"\n<p>Total UK Government Debt is <strong>over \u00a32.7 Trillion<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE-1024x576.png\" alt=\"\" class=\"wp-image-5815\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE-1024x576.png 1024w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE-300x169.png 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE-768x432.png 768w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE-624x351.png 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtONE.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong><em>Courtesy of Statistica<\/em><\/strong><\/p>\n\n\n\n<p>UK Government Debt Interest on the cumulative national debt for 2024-25 will be<strong> \u00a389 Billion<\/strong>, money that can NOT be used for public services such as the NHS, our brave armed forces, our brave police, fire services, ambulance crews, teachers, courts, etc etc<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO-1024x576.png\" alt=\"\" class=\"wp-image-5816\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO-1024x576.png 1024w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO-300x169.png 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO-768x432.png 768w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO-624x351.png 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTWO.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong><em>Courtesy of The Treasury and The Office of Budget Responsibility<\/em><\/strong><\/p>\n\n\n\n<p>In 2024-25, HM Government faces a short fall of \u00a3127 billion so will borrow it.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE-1024x576.png\" alt=\"\" class=\"wp-image-5817\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE-1024x576.png 1024w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE-300x169.png 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE-768x432.png 768w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE-624x351.png 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2024\/11\/UKDebtTHREE.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p><strong><em>Courtesy of The Treasury and The Office of Budget Responsibility<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total UK Government Debt is over \u00a32.7 Trillion Courtesy of Statistica UK Government Debt Interest on the cumulative national debt for 2024-25 will be \u00a389 Billion, money that can NOT be used for public services such as the NHS, our brave armed forces, our brave police, fire services, ambulance crews, teachers, courts, etc etc Courtesy [&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-5814","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\/5814","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=5814"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5814\/revisions"}],"predecessor-version":[{"id":5818,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5814\/revisions\/5818"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}