For immediate release
Responding to the Office for National Statistics (ONS) latest public sector finances figures showing the highest debt to GDP ratio since 1963, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“These numbers confirm Britain’s debt level is now the highest in a generation.
“It serves as a wake up call for the scale of the financial challenge facing us, not just today but for years into the future.
“This month’s Spending Review is the perfect time for ministers to get a handle on borrowing and stop debt from spiralling any further.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media Campaign Manager, TaxPayers' Alliance
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
TaxPayers' Alliance's advisory council.