The Office for National Statistics has published UK's debt statistics. Not good news.
Debt as a percentage of GDP has nearly doubled since 2002 and is now almost 60% of GDP, a figure which is unsustainable. Gordon Brown is sounding increasingly out of touch when he claims that Labour would oversee an increase in public spending. His line is just not credible.
There is still acres of waste in public spending which needs to be reduced and some tough decisions will need to be made. We should be honest with voters about that.
An easy contender for spending cuts is in the advertising budget, Phil Taylor has highlighted a huge increase in recent years (worth noting the peaks ahead of each general election).