IFS Zooms In: The Economy cover image

The Spring Budget Explained

IFS Zooms In: The Economy

CHAPTER

Are We Stuck With Debt at This High Level?

The OBR say that to get debt falling now requires fiscal policy to be even tighter because of the higher debt interest. So he's actually having to try really hard just to get debt effectively flatlining. And it would take something quite dramatic to put it on a decisively falling path over the next few years, or indeed into the medium term.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner