The truth about the UK's level of debt

Gordon Brown hid it, Ed Balls still denies it and Ed Miliband is too busy jumping on bandwagons to address it but this week the true level of UK debt will be revealed when on Wednesday the Treasury will publish national accounts drawn up on the same basis as listed companies. So for the first time we will see official figures as to the amount of national debts were hidden from the public during the Brown Balls era. We will see the future liabilities of accrued pension rights for public sector workers and the future costs of private PFI projects, as well as the liabilities for Northern Rock, rescued to save jobs in Labour constituencies.

The figures will not be pretty, and they may tell us nothing that those interested in the subject do not already know, but they will show Gordon Brown and Ed Balls up for the devious little f***ers that they were and are.