Opinion

Spring Budget: Conservatives never reduce debt

Spring budget: the Conservatives market themselves as the party of fiscal responsibility, but reader Tony B points out their last budget surplus was in 1904

Jeremy Hunt spring budget

Jeremy Hunt. Image: Flickr/ Department for Digital, Culture, Media and Sport.

Jeremy Hunt is yet again borrowing billions of pounds for his spring budget. The biggest spending is on pension pots – he handed the richest one per cent huge tax cuts on their pensions and didn’t even mention the public sector who are all on strike to have their pay reinstated to 2010 levels. Except for the Barristers who settled for 15 per cent last year when they threatened to strike.

The Conservatives go on about reducing the UK debt. This is something their party has never done in the last 120 years. The Tories last had an annual budget surplus in 1904. So that was the last time they actually reduced the debt.

Tony B

What are your thoughts on the spring budget? Do you have an opinion you want to contribute to the conversation? We want to hear from you. And we want to share your views with more people. Get in touch and tell us more.

Support the Big Issue

For over 30 years, the Big Issue has been committed to ending poverty in the UK. In 2024, our work is needed more than ever. Find out how you can support the Big Issue today.
Vendor martin Hawes

Recommended for you

View all
Poverty prevention is our best hope. Here's some tangible ways to keep people warm, dry and fed
Tom Clark

Poverty prevention is our best hope. Here's some tangible ways to keep people warm, dry and fed

If Rishi Sunak is so keen on our national identity, why is this British icon up for sale?
Paul McNamee

If Rishi Sunak is so keen on our national identity, why is this British icon up for sale?

Stacey Solomon is not afraid of having a go. She even makes DIY look easy
Lucy Sweet

Stacey Solomon is not afraid of having a go. She even makes DIY look easy

How the Northern Ballet's empty orchestra pit perfectly sums up UK's arts crisis 
Naomi Pohl

How the Northern Ballet's empty orchestra pit perfectly sums up UK's arts crisis 

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payment 2024: Where to get help now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payment 2024: Where to get help now the scheme is over

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know
4.

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know