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Indebted Britain Fraser Nelson 9:14pm
The debt Gordon Brown has saddled his country with deserves to be a toppolitical as well as financialissue, as The Times powerfully argues in a leader today. Gordon Brown has over the last week been on a mission to airbrush Northern Rock out of the national accounts. He has claimed repeatedly and mendaciously that he s taken debt as a share of GDP from 44% to 37%.
The Times in its leader today gets it precisely right. Not only does it use the correct net debt figure 43.3% in August but it goes on to lambaste Brown.
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