Wed, November 27, 2024

[ Wed, Nov 27th 2024 ]: Brian Stokes

UK Government gilts are a true scandal in 'Benefit Britain'

[ Wed, Nov 27th 2024 ]: Brian Stokes

The Ayuda Republic: Legal plunder and false philanthropy

[ Wed, Nov 27th 2024 ]: Brian Stokes

UK: Actionists put their bodies in the way and li .. e line to shut down Israel's biggest weapons firm

[ Wed, Nov 27th 2024 ]: Brian Stokes

Team Trump Debates 'How Much Should We Invade Mexico?'

[ Wed, Nov 27th 2024 ]: Brian Stokes

Women-centric cash transfer schemes and elections

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

One major challenge facing Trump's chosen health leaders: Keeping politics separate from science

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Alberta takes aim at GHG emissions cap, proposes rules on trespass and data gathering

[ Wed, Nov 27th 2024 ]: Brian Stokes

Kemi Badenoch presses Keir Starmer on further tax rises at PMQs

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Hudson Street upgrade brings safer travel and accessibility to North Linden

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Politics recap: Lidia Thorpe suspended from Parliament after throwing papers at Pauline Hanson

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Democracy and Leadership, by Afe Babalola

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Rachel Reeves says Budget 'wiped slate clean' and vows no more borrowing or tax hikes

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Landlords Evicted Maui Residents and Housed Wildf .. e Money. FEMA Didn't Take Basic Steps to Stop It.

[ Wed, Nov 27th 2024 ]: Brian Stokes

'Trailblazer and passionate progressive for woman .. ghts' - former Minister Gemma Hussey dies aged 86

[ Wed, Nov 27th 2024 ]: Brian Stokes

Politics latest: 'Profoundly concerned' minister .. ake Commons statement on electric vehicle mandate

[ Wed, Nov 27th 2024 ]: Brian Stokes

Trump announces more administration appointments, .. ncluding NIH director and US trade representative

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

Senator Ernst sends letters to Musk and Ramaswamy .. tches $ trillion in spending cuts to DOGE leaders

[ Wed, Nov 27th 2024 ]: Brian Stokes

Politics latest: Minister 'profoundly concerned' .. le mandate and launches 'fast track consultation'

[ Wed, Nov 27th 2024 ]: Brian Stokes

Election 2024 Day 9: Simon Harris, Mary Lou McDon .. he¡l Martin have final debate before polling day

[ Wed, Nov 27th 2024 ]: Brian Stokes

'My friends thought it was quite mad' - meet the youngest and oldest candidates in Election 2024

[ Wed, Nov 27th 2024 ]: Brian Stokes

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[ Wed, Nov 27th 2024 ]: Brian Stokes

What is in the Government's plan to 'get Britain working'?

[ Wed, Nov 27th 2024 ]: Brian Stokes

Alberta premier, ministers call on federal government to respond to Trump's border worries
Tue, November 26, 2024

[ Tue, Nov 26th 2024 ]: Brian Stokes

WATCH LIVE: Question Time underway as government .. ttempts to push through key pieces of legislation

[ Tue, Nov 26th 2024 ]: Brian Stokes

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[ Tue, Nov 26th 2024 ]: Brian Stokes

Trump vows 25% tariffs on goods from Mexico and Canada over border security. What would they do?

[ Tue, Nov 26th 2024 ]: Brian Stokes

UK politics live: Labour warned National Insuranc .. e could torpedo plan to get millions back to work

[ Tue, Nov 26th 2024 ]: Brian Stokes

Live updates: Israel and Hezbollah agree to cease-fire in Lebanon, Biden says

[ Tue, Nov 26th 2024 ]: Brian Stokes

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[ Tue, Nov 26th 2024 ]: Brian Stokes

Maharashtra Government Formation Live Updates: : .. new CM as Shinde resigns, to stay on as caretaker

[ Tue, Nov 26th 2024 ]: Brian Stokes

5 questions about Colorado politics with Sen. Dylan Roberts

[ Tue, Nov 26th 2024 ]: Brian Stokes

High stakes and high drama as party leaders prepped for debate

UK Government gilts are a true scandal in 'Benefit Britain'

OVER the past two years, £186.4 billion of public money has been paid to the wealthiest in society via interest on government gilts.
The article from The National discusses the UK government's handling of gilts (government bonds) and the financial implications thereof. It highlights the significant increase in the cost of servicing UK government debt due to rising interest rates, which has led to a situation where the government is paying out more in interest than it is receiving from its investments. This financial strain is described as a "true scandal" because it benefits financial institutions and investors at the expense of public funds. The piece critiques the government's economic strategy, pointing out that while the government claims to be managing the economy well, the reality is that the increased interest rates are costing taxpayers billions, with much of this money going to wealthy bondholders. The article also touches on the broader economic context, including the impact of Brexit and the government's fiscal policies, which have contributed to this financial predicament.

Read the Full The National Article at [ https://www.thenational.scot/politics/24753074.uk-government-gilts-true-scandal-benefit-britain/ ]