Windjammer

Well, as you know, if the government spends more than it gets, it will be in a deficit. But it can only do this by borrowing money. This money needs to be paid back along with interest.

Do you think UK is in a position to increase its debt now? With the rise in interest rates, do you think UK would be in a position to service its debt? How will it generate revenue? By increasing the already high tax rate?