The Deficit Halved

Today the Tories have launched an election poster campaign, bragging about their economic performance.  “The deficit halved.”

Even The Spectator‘s Fraser Nelson can’t bear the misrepresentation.

Here is the borrowing picture for the last twenty years.

Public Sector Net Borrowing (Source ONS)

Public Sector Net Borrowing (Source ONS)

You want more of the last five years?

Vote Tory.

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