UK PLC: Britain's debt time bomb

Nigel Hawkins, in his new ASI paper, reviews the big numbers in the Whole Government Accounts, and finds that Britain's government liabilities go far beyond the national debt. In order to ensure stability in security in public finances into the future, he argues that the government must cut back further, as well as selling off some of the assets mentioned in his previous paper Cash in the Attic.

Read the paper here.