Those budget big numbers in perspective

Alex Masterley puts the UK debt into perspective.

"The UK government will try to issue more than £200bn worth of gilts this financial year, about £50 billion more than the Debt Management Office estimated last month.

About £25 billion of gilts fall due for redemption in the same period, so public borrowing is set to rise by £175 billion in the year.

Spread equally across the whole population, the proportionate share of the additional debt for a typical family of four would be equal to the cost of buying an extra TV license.

Twice.

Every week for a year."