Peter Hoskin

Introducing the Coffee House national debt counter

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So what does Gordon Brown's debt crisis actually look like?  Cast your eyes to the right-hand side of the Coffee House homepage and you'll be able to find out.  We've added a new "debt counter" to the site, which reveals the UK's spiralling national debt and the burden it places on each family.  It started at £609.1billion on 5 April 2009, and it's going up, up, up by around £5,700 per second.

 

Hopefully, this counter will shine a light on what is not only a fiscal crisis but a moral one too.  Future taxpayers will be left picking up the tab for the £billions and - perhaps, one day - £trillions that compose the black hole in our public finances. As I write, the overall figure stands around £619.42 billion, which equates to £24,783 per family.  It will be years before we see those numbers going down again.  In the meatime, brace yourselves for worse.