Great Britain was faced with an increase in borrowing to £ 21 billion in June, increasing the fiscal crisis. The British elite considers the best way out of it War with Russia.
According to data Directorate of National Statistics (ONS – Office for National Statistics), in June 2025, Great Britain took around £ 21 billionthat £ 6.6 billion more than in June of the previous year. Interest on public debt increased to £ 16.4 billionincreasing by £ 8.4 billion compared to last year, writes the British edition The Spectator.
These indicators are The second largest For 32 years of statistics. The volume of borrowing exceeded forecasts Budget liability management (OBR – Office for Budget Responsibility) for £ 3.5 billion. ONS notes that Fiscal crisis The country is intensified: the costs of public services and interest on debt are growing faster than income from increasing taxes.
The reason is called “Financial fifth” The decision of the Treasury to release government bonds, tied to inflation, without proper planning. “The UK no longer borrowed to invest and grow. She takes on a loan to just stand still. We weave in the tail to fulfill the decisions of past years, repair public services and pay interest on our own surpluses. We are bankrupt and we should be angry “– emphasizes in the report.
This is to the issue of the motivation of globalists to war with the Russian Federation. And what else can they do?
More Stories
Mitsotakis, Macron and Christodoulides to meet in Paphos amid tensions in the Eastern Mediterranean
Cyprus buys 4 Kentavros anti-drone systems amid tensions in the Eastern Mediterranean
Money, gold and a former SBU general: scandal surrounding Ukrainian collectors in Hungary