1/ ยฃ3,000,000,000,000 of national debt. ยฃ110bn a year just in interest.
If gilts go from 5% to 7%, add another ยฃ40bn: ยฃ150bn a year to stand still.
Not paying it down. Just servicing it!
@DamianPudner went on UK Live Online to say what nobody in Westminster will.