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@channel4news.bsky.social @krishgm.bsky.social UK doesn't have a long term strategy. We didn't borrow when rates were low to upgrade infrastructure and equipment. UK Govt spent billions during the pandemic, which added to our national debt. War in Ukraine/Middle East has sent debt interest 🚀
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Dominic Manchee
Did you see the BBC chart that said defence spending has fallen as welfare spending has risen? (see here: buff.ly/as6VFti) It didn't look quite right to us. Check out @ruthcurtice.bsky.social latest substack on how the defence versus welfare debate has been misrepresented➡️https://buff.ly/lc6ZVP4
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buff.ly
Ruth Curtice takes a closer look at the 'defence versus welfare spending' debate, and explains why it's important we have a clear picture of how we spent the peace dividend while it was around.
Defence versus welfare – the trade-off is being misrepresented
Resolution Foundation