During a show aired on Thursday January 23, Cameron claimed that he is “paying down Britain’s debts” even though the country is in more debt now than 3 years ago, The Mirror reported.
“We are now halfway through the coalition’s time in government and in two and a half years we have achieved a lot but I know people don’t just want to hear from me, they want to know the facts,” he added.
This comes as figures by the Office for Budget Responsibility revealed that since June 2010, national debt rose from £811.3 billion , equal to 55.3 percent of Gross Domestic Product to £1.11 trillion that amounts to 70.7 percent of GDP.
The contradiction between Cameron’s claims and the OBR figures have led the opposition Labour party to tell the UK Statistics Authority that Cameron may be trying to decieve mislead the public on purpose.
Shadow Chief Secretary to the Treasury Rachel Reeves MP said Cameron’s broadcast suggested the Conservative Party “may be attempting to deliberately mislead the public about these statistics and the Government’s record.”
This is while Britain’s dire economic situation has even led top credit ratings agencies to consider downgrading the country’s overwhelmed triple-A credit status.
BGH/AMR/HE
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