The government says there’s a “black hole” in the public finances — but the black hole is really in our hospitals, schools, and local councils, not the Treasury. The UK can never run out of money. What we’ve run out of is political courage.
Austerity was not fiscal responsibility. It was economic vandalism.
Britain is not broke. It’s been broken by design.
Watch to see how we can fill that hole with truth, courage, and care.

The government says there’s a “black hole” in the public finances — but the black hole is really in our hospitals, schools, and local councils, not the Treasury. The UK can never run out of money. What we’ve run out of is political courage. Austerity was not fiscal responsibility. It was economic vandalism. Britain is not broke. It’s been broken by design. Watch to see how we can fill that hole with truth, courage, and care.

The government says there’s a “black hole” in the public finances — but the&nbsp;black hole&nbsp;is really in our hospitals, schools, and local councils, not the Treasury. The UK can never run out of money. What we’ve run out of is political courage.
Austerity was not fiscal responsibility. It was economic vandalism.
Britain is not broke. It’s been broken by design.
Watch to see how we can fill that&nbsp;hole&nbsp;with truth, courage, and care.

Where is Britain's black hole?

Richard Murphy and occasional friends talking about everything you need to know to understand the economy, tax, finance and how we fund our future.

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Where is Britain's black hole?

Where is Britain's black hole?